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Wilson Inc. developed a business strategy that uses stock options as a major compensation top executives. On January 1, 2016, 23 million options were granted,

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Wilson Inc. developed a business strategy that uses stock options as a major compensation top executives. On January 1, 2016, 23 million options were granted, each giving the executive the right to acquire five $1 par common shares. The exercise price is the market price on the grant per share. Options vest on January 1, 2020. They cannot be exercised before that date and will December 31, 2022. The fair value of the 23 million options, estimated by an appropriate option model, is $41 per option. Ignore income tax. Wilson's compensation expense in 2016 for these stock options was: (Round your answer to nearest dollar amount.) $236 million. $0. $943 million. $472 million. On January 1, 2016, Algerian Delivery had 100,000 shares of common stock outstanding. The following transactions occurred during 2016: March 1: Reacquired 3, 500 shares, accounted for as treasury stock. September 30: Sold all the treasury shares. December 1: Sold 12, 500 new shares for cash. December 31 Reported a net income of $302, 750. Calculate Algerian Delivery's basic earnings per share for the year ended December 31, 2016. (Round your answer to 2 decimal places.) Earnings per share $

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