Question
Sandhill Corporation reported net income of $ 347,760 in 2020 and had 245,000 common shares outstanding throughout the year. Also outstanding all year were 21,000
Sandhill Corporation reported net income of $ 347,760 in 2020 and had 245,000 common shares outstanding throughout the year. Also outstanding all year were 21,000 (written) options to purchase common shares at $ 10 per share. The average market price for the common shares during the year was $ 15 per share. Calculate the diluted earnings per share. (Round answer to 2 decimal places, e.g. 15.25.)
| Diluted earnings per share | $ Enter your answer in accordance to the question statementSandhill Corporation reported net income of $ 347,760 in 2020 and had 245,000 common shares outstanding throughout the year. Also outstanding all year were 21,000 (written) options to purchase common shares at $ 10 per share. The average market price for the common shares during the year was $ 15 per share. Calculate the diluted earnings per share. (Round answer to 2 decimal places, e.g. 15.25.)
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Activity Based Cost Management In Government
Authors: Gary Cokins
2nd Edition
1567261817, 978-1567261813
