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BBB Corporation had 2 million shares of common stock outstanding during the year 2021. There were also options for 100,000 shares of common stock granted
BBB Corporation had 2 million shares of common stock outstanding during the year 2021. There were also options for 100,000 shares of common stock granted before 2021 with an exercise price of $25 per share. The market price of the common stock averaged $20 per share for the year. Net income was $3 million for the year. What was diluted EPS for the year (rounded to the nearest cent)?
O $1.50.
O $1.49.
O $1.52.
O $1.00.
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