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Grouper Corporation reported net income of $410,800 in 2020 and had 193,000 shares of common stock outstanding throughout the year. Also outstanding all year
Grouper Corporation reported net income of $410,800 in 2020 and had 193,000 shares of common stock outstanding throughout the year. Also outstanding all year were 46,500 options to purchase common stock at $11 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 $
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Financial Accounting in an Economic Context
Authors: Jamie Pratt
9th edition
9781118803035, 1118582551, 1118803035, 978-1118582558
