Se&LaSulanBue Cab Company had 67,000 shares of common stock outstanding on January 1, 2021. On Apri1, 2021, the compeny ued poo s of comncnstock. The company had outstanding fully vested incentive stock options for 13,500 shares exercisatle t Sat had not been exetcised byexecutives. The end-of-year market price of common stock was $30 while the everage price for the year was $29 The comgany eponad net incomenthe amount of $354,915 for 2021. What is the diluted earnings per share (roundedy?Multiple Cholce$3.02.$3.41.$3.92.$3.44.

Name: Se&LaSulanBue Cab Company had 67,000 shares of common stock outstandi
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Description: Se&LaSulanBue Cab Company had 67,000 shares of common stock outstanding on January 1, 2021. On Apri1, 2021, the compeny ued poo s of comncnstock. The company had outstanding fully vested incentive stock options for 13,500 shares exercisatle t Sat ha

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Heg Se & Ea Bue Cab Company had 67,000 shares of common stock outstanding on January 1, 2021. On Apri1, 2021, the compeny issued 37poo s of cummce stock. The company had outstanding fully vested incentive stock options for 13,500 shares exercisatle t S that had not been exercised by executives. The end-of-year market price of common stock was $30 while the everage price for the year was $29 The company nd t iecomem the amount of $354,915 for 2021. What is the diluted earnings per share (roundedy? Multiple Cholce $3.02. $3.41. $3.92. $3.44.

Heg Se & Ea Bue Cab Company had 67,000 shares of common stock outstanding on January 1, 2021. On Apri1, 2021, the compeny issued 37poo s of cummce stock. The company had outstanding fully vested incentive stock options for 13,500 shares exercisatle t S that had not been exercised by executives. The end-of-year market price of common stock was $30 while the everage price for the year was $29 The company nd t iecomem the amount of $354,915 for 2021. What is the diluted earnings per share (roundedy? Multiple Cholce $3.02. $3.41. $3.92. $3.44.

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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