Question
Fully vested incentive stock options exercisable at $36 per share to obtain 26,000 shares of common stock were outstanding during a period when the average
Fully vested incentive stock options exercisable at $36 per share to obtain 26,000 shares of common stock were outstanding during a period when the average market price of the common stock was $40 and the ending market price was $40.
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?
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Fundamental Managerial Accounting Concepts
Authors: Thomas Edmonds, Christopher Edmonds, Bor Yi Tsay, Philip Old
7th edition
978-0077632427, 77632427, 78025656, 978-0078025655
