Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Fully vested incentive stock options exercisable at $30 per share to obtain 15,000 shares of common stock were outstanding during a period when the average
Fully vested incentive stock options exercisable at $30 per share to obtain 15,000 shares of common stock were outstanding during a period when the average market price of the common stock was $45 and the ending market price was $45.
By how many shares will the assumed exercise of these options increase the weighted-average number of shares outstanding when calculating diluted earnings per share? Number of shares equal _______? |
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started