Dulce Corporation had 200,000 shares of common stock outstanding during the current year. There were also fully vested options for 10,000 shares of common stock were granted with an exercise price of $20. The market price of the common stock averaged $25 for the year. Net income was $4.3 million. What is diluted EPS?

Group of answer choices

$22.63.

$21.50.

$20.48.

$21.29.

At December 31, 2021 and 2020, P Co. had 63,000 shares of common stock and 6300 shares of 5%, $100 par value cumulative preferred stock outstanding. No dividends were declared on either the preferred or common stock in 2021 or 2020. Net income for 2021 was $695,000. For 2021, basic earnings per common share amounted to: (Round your answer to 2 decimal places.)

Group of answer choices

$10.53.

$10.48.

$10.00.

$5.00.

Under its executive stock option plan, W Corporation granted options on January 1, 2021, that permit executives to purchase 31 million of the company's $1 par common shares within the next eight years, but not before December 31, 2023 (the vesting date). The exercise price is the market price of the shares on the date of grant, $19 per share. The fair value of the options, estimated by an appropriate option pricing model, is $5 per option. No forfeitures are anticipated. The options are exercised on April 2, 2024, when the market price is $22 per share. By what amount will W's shareholder's equity be increased when the options are exercised?

Group of answer choices

$589 million.

$744 million.

$713 million.

$155 million.

Taxon Corp. granted restricted stock units (RSUs) representing 58 million of its $1 par common shares to executives, subject to forfeiture if employment is terminated within five years. After the recipients of the RSUs satisfy the vesting requirement, the company will distribute the shares. The common shares had a market price of $10 per share on the grant date. Ignoring taxes, what is the effect on earnings in the year after the shares are granted to executives?

Group of answer choices

$580 million.

$0.

$116 million.

$58 million.