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Lincoln Welders Inc granted 330,000 employees options on April 1 of the current year... Lincoln Welders, Inc. granted 330,000 employee options on April 1 of
Lincoln Welders Inc granted 330,000 employees options on April 1 of the current year...
Lincoln Welders, Inc. granted 330,000 employee options on April 1 of the current year. Employees can exercise each option and receive two shares of the company's common stock at an exercise price of $18 per share. The average market price of Lincoln's common shares is $25. Based on this information, compute the incremental shares to include in the denominator of the diluted earnings per share ratio. The incremental shares to include in the denominator of the diluted earnings per share ratio isStep by Step Solution
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