Company had 490, 000 shares of common stock outstanding during the year 2025. In addition, 77, 000 shares were issuable upon exercise of executive stock options at December 31, 2025 which require a $39 cash payment upon exercise (options granted in2025). The average market price during 2025 was $50. Compute the number of shares to be used in determining diluted earnings per share for 2025. VANCNumber of shares.

Company had 490, 000 shares of common stock outstanding during the year 2025. In addition, 77, 000 shares were issuable upon exercise of executive stock options at December 31, 2025 which require a $39 cash payment upon exercise (options granted in2025). The average market price during 2025 was $50. Compute the number of shares to be used in determining diluted earnings per share for 2025. VANCNumber of shares.

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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