Question
On January 1, 2020, Lamar Baby Products issued 10,000 stock warrants that allow the purchaser to buy one share of $25 par value common stock
On January 1, 2020, Lamar Baby Products issued 10,000 stock warrants that allow the purchaser to buy one share of $25 par value common stock for $40. By the end of 2020, none of the stock warrants had been exercised. If the average market price of Lamars common stock was $47.80, what is the number of incremental shares outstanding that Lamar should add in their diluted EPS calculation?
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Auditing Social Media A Governance And Risk Guide
Authors: Peter R. Scott, J. Mike Jacka
1st Edition
1118061756, 978-1118061756
