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Fully vested incentive stock options for 63,000 shares of common stock at an exercise price of $53 were outstanding at the beginning of 2018.
Fully vested incentive stock options for 63,000 shares of common stock at an exercise price of $53 were outstanding at the beginning of 2018. The market price of the stock averaged $59 during the year. Required: If these options are exercised on March 1 of the current year, by how many shares will the options increase the weighted-average number of shares outstanding when calculating diluted earnings per share? (Round your intermediate and final answers to nearest whole number.) No. of shares
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