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Flint Corporation reported net income of $391,320 in 2020 and had 206,000 shares of common stock outstanding throughout the year. Also outstanding all year were
Flint Corporation reported net income of $391,320 in 2020 and had 206,000 shares of common stock outstanding throughout the year. Also outstanding all year were 57,000 options to purchase common stock at $12 per share. The average market price of the stock during the year was $15. Compute diluted earnings per share. (Round answer to 2 decimal places, e.g. 3.55.) Diluted earnings per share $ Step by Step Solution
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Cost Management Measuring Monitoring And Motivating Performance
Authors: Leslie G. Eldenburg, Susan Wolcott, Liang Hsuan Chen, Gail Cook
2nd Canadian Edition
1118168879, 9781118168875
