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Crane Ltd. reported net income of 415,720 in 2022 and had 208,000 ordinary shares outstanding throughout the year. Also outstanding all year were 40,500 options
Crane Ltd. reported net income of 415,720 in 2022 and had 208,000 ordinary shares outstanding throughout the year. Also outstanding all year were 40,500 options to purchase ordinary shares at 11 per share. The average market price of the shares during the year was 15.
Compute diluted earnings per share
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Management And Cost Accounting
Authors: Mike Tayles, Colin Drury
11th Edition
147377361X, 978-1473773615
