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Exercise 16-26 Wildhorse Company's net income for 2017 is $49,400. The only potentially dilutive securities outstanding were 900 options issued during 2016, each exercisable for
Exercise 16-26 Wildhorse Company's net income for 2017 is $49,400. The only potentially dilutive securities outstanding were 900 options issued during 2016, each exercisable for one share at $6. None has been exercised, and 10,200 shares of common were outstanding during 2017. The average market price of Wildhorse's stock during 2017 was $25 (a) Compute diluted earnings per share. (Round answer to 2 decimal places, e.g. $2.55.) Diluted earnings per share 133.AcBeundhansamer fao 3 decimsal esaumes tor pat s, xcept that the 90 options wer lsued on october 1, 2017 (rather than in 2016), The average mark $25. (Round answer to 2 decimal places, e.g. $2.55.) Diluted earnings per share Click if you would like to Show Work for this question: Open Show Work
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