Question
Barry Corporation had 600,000 shares of common stock outstanding during 2023. In addition, it had 75,000 stock options outstanding, which had been granted to certain
Barry Corporation had 600,000 shares of common stock outstanding during 2023. In addition, it had 75,000 stock options outstanding, which had been granted to certain executives on March 31, 2023, and which gave them the right to purchase shares of Barry's stock at an option price of $30 per share. The average market price of Barry's common stock for 2023 was $45. None of the options were exercised by December 31, 2023. Net income was $1,000,000. SHOW ALL COMPUTATIONS. Round to the nearest penny.
- Compute EPS.
- Compute DEPS.
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Artificial Intelligence In Accounting And Auditing Knowledge Representation Accounting Applications And The Future Volume 3
Authors: Miklos A. Vasarhelyi
1st Edition
1558760784, 978-1558760783
