Question
Adventure, Inc. had fully vested incentive stock options for 103,000 shares of common stock at an exercise price of $53 outstanding for all of 2022.
Adventure, Inc. had fully vested incentive stock options for 103,000 shares of common stock at an exercise price of $53 outstanding for all of 2022. The market price of the stock during 2022 averaged $59. Required: In calculating the diluted earnings per share for Adventure for 2022, by how many shares will the assumed exercise of these options increase the weighted-average number of shares outstanding?
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started
The Business Of We The Proven Three Step Process For Closing The Gap Between Us And Them In Your Workplace
Authors: Laura Kriska
1st Edition
140021680X, 978-1400216802
