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Help please! Blossom Corporation reported net income of $644,000 in 2017 and had 234,000 shares of common stock outstanding throughout the year. Also outstanding all
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Blossom Corporation reported net income of $644,000 in 2017 and had 234,000 shares of common stock outstanding throughout the year. Also outstanding all year were 63,300 options to purchase common stock at $10 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. 15.2.) Practice Brief Exercise 16-5 Diluted Earnings Per Share r ShareStep by Step Solution
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