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Harvey Inc. reported net earnings of $900,000 for the year. Harvey has 200,000 shares of common stock outstanding all year. Two years ago the company
Harvey Inc. reported net earnings of $900,000 for the year. Harvey has 200,000 shares of common stock outstanding all year. Two years ago the company granted 20.000 stock options that allow employees to purchase shares for $15 ea has averaged $20 in the market during the year. Compute the basic and diluted EPS. (Round your answers to the nearest cent.) O A. basic EPS $4.50; diluted EPS $4.50 O B. basic EPS $4.50, diluted EPS $3.01 O C. basic EPS $4.50; diluted EPS $4.39 OD. basic EPS $4.39; diluted EPS $4.39
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