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On December 3 1 , 2 0 2 3 , Clarkson Company had 1 0 0 , 0 0 0 shares of common stock outstanding
On December Clarkson Company had shares of common stock outstanding and shares of $ par, cumulative preferred stock outstanding. On February Clarkson purchased shares of common stock on the open market as treasury stock paying $ per share. Clarkson sold of the treasury shares on September for $ per share. Net income for was $ Also outstanding at December were fully vested incentive stock options giving key executives the option to buy common shares at $ These stock options were exercised on November The market price of the common shares averaged $ during Required: Compute Clarkson's basic and diluted earnings per share for Note: Round your answers to decimal places.On December Clarkson Company had shares of common stock outstanding and shares of $ par, cumulative preferred stock outstanding. On February Clarkson purchased shares of common stock on the open market as treasury stock paying $ per share. Clarkson sold of the treasury shares on September for $ per share. Net income for was $ Also outstanding at December were fully vested incentive stock options giving key executives the option to buy common shares at $ These stock options were exercised on November The market price of the common shares averaged $ during Required: Compute Clarkson's basic and diluted earnings per share for Note: Round your answers to decimal places. Answer is complete but not entirely correct.
On December Clarkson Company had shares of common stock outstanding and shares of $ par, cumulative preferred stock outstanding. On February Clarkson purchased shares of common stock on the open market as treasury stock paying $ per share. Clarkson sold of the treasury shares on September for $ per share. Net income for was $ Also outstanding at December were fully vested incentive stock options giving key executives the option to buy common shares at $ These stock options were exercised on November The market price of the common shares averaged $ during
Required:
Compute Clarkson's basic and diluted earnings per share for
Note: Round your answers to decimal places.On December Clarkson Company had shares of common stock outstanding and
shares of $ par, cumulative preferred stock outstanding. On February Clarkson
purchased shares of common stock on the open market as treasury stock paying $ per share.
Clarkson sold of the treasury shares on September for $ per share. Net income for
was $ Also outstanding at December were fully vested incentive stock options
giving key executives the option to buy common shares at $ These stock options were
exercised on November The market price of the common shares averaged $ during
Required:
Compute Clarkson's basic and diluted earnings per share for
Note: Round your answers to decimal places.
Answer is complete but not entirely correct.
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