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Time Left:1:03:37 Shira Fried: Attempt 1 HAMI Listen On December 31, 2020, Creb Co. had 208,000 shares of common stock outstanding. Net income for 2021

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Time Left:1:03:37 Shira Fried: Attempt 1 HAMI Listen On December 31, 2020, Creb Co. had 208,000 shares of common stock outstanding. Net income for 2021 was $173,000. The income tax rate is 25%. Outstanding at December 31, 2021, were 30,000 stock options granted to Creb executives on November 15, 2016. The options were exercisable as of November 15, 2020, at an exercise price of $56 per share. During 2021, the market price of the common shares averaged $70 per share. In 2019, $50,000 of 12-year, 8% bonds, convertible into 6,000 common shares, were issued by Creb at face value. Crebs's diluted earnings per share for 2021 was: $0.80 $0.73 $0.94 Question 14 (3 points) a Listen Which ONE of the following statements is FALSE? MacBook Air COD F4

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