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Realty1 has 40,000 outstanding stock options. Its net income for the year is $250,000. Each option allows the holder to purchase a share of stock
Realty1 has 40,000 outstanding stock options. Its net income for the year is $250,000. Each option allows the holder to purchase a share of stock for $ 14 . The average market value of the shares for the year was $ 17 . What is the incremental income per common share?
A. $ 14.00 B. $ 3.00 C. $ 0.00 D. $ 1.00
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