Question
Dulce Corporation had 240,000 shares of common stock outstanding during the current year. There were also fully vested options for 11,000 shares of common stock
| Dulce Corporation had 240,000 shares of common stock outstanding during the current year. There were also fully vested options for 11,000 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 $4.4 million. What is diluted EPS? (Round your answer to 2 decimal places.) |
$19.21. $18.17. $18.33. $17.53.
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Managerial Accounting Tools For Business Decision Making
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso, Ibrahim M. Aly
2nd Canadian Edition
0471413658, 978-0471413653
