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For the year ended December 31, 2020, Sandhill Ltd. had net income available to common shareholders of $ 2,425,000, and 970,000 weighted average common shares
For the year ended December 31, 2020, Sandhill Ltd. had net income available to common shareholders of $ 2,425,000, and 970,000 weighted average common shares outstanding. The company had written put stock options outstanding at the end of fiscal 2020 to buy back 180,800 common shares at $ 9.70 per share. None of these stock options were exercised during fiscal 2020, and the average market price for the year was $ 11.30. Calculate Sandhill's basic and diluted earnings per share. (Round answers to 2 decimal places, e.g. 15.25.) Basic earnings per share $ Diluted earnings per share $ e Textbook and Media Save for Later Attempts: 0 of 2 used Submit
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