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please explen answer step by step , explen Selected information from jupiter Corp.'s financial activities in the year 205 is as follows: - Net income
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Selected information from jupiter Corp.'s financial activities in the year 205 is as follows: - Net income is $18,300,000. - 115,000 shares of common stock were outstanding on January 1. - The average market price per share was $150 in 205. - 200 warrants, which each allow the holder to purchase 100 shares of common stock at an exercise price of $100 per common share, were outstanding the entire year. - 60,000 shares of common stock were issued on April 1. - 45,000 shares of common stock were purchased by the company as treasury stock on October 1. Jupiter Corp.'s diluted earnings per share for 205 are closest to: A) \$117.75, B) $123.02 explen
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