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Blossom Company had 550,000 shares of common stock outstanding during the year 2025. In addition, 82,000 shares were issuable upon exercise of executive stock
Blossom Company had 550,000 shares of common stock outstanding during the year 2025. In addition, 82,000 shares were issuable upon exercise of executive stock options at December 31, 2025 which require a $41 cash payment upon exercise (options granted in 2025). The average market price during 2025 was $50. Compute the number of shares to be used in determining diluted earnings per share for 2025. Number of shares
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