Jan 1 2020 - Company a issue 10 million shares common stock for cash Jan 2 2020 - Company a entered into an Agreement with the company president to issue up to 2 million additional shares of common stock based on their net income for the year 2021 . if 2021 net income exceeds 100 million, the president will receive one million shares; if net income exceeds a 120 million the president will receive 2 million shares Net income for the year end 2021 is $110 million, whats the diluted eps for 2020?
Jan 1 2020 - Company a issue 10 million shares common stock for cash Jan 2 2020 - Company a entered into an Agreement with the company president to issue up to 2 million additional shares of common stock based on their net income for the year 2021 . if 2021 net income exceeds 100 million, the president will receive one million shares; if net income exceeds a 120 million the president will receive 2 million shares Net income for the year end 2021 is $110 million, whats the diluted eps for 2020?
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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Jan 1 2020 - Company a issue 10 million shares common stock for cash
Jan 2 2020 - Company a entered into an Agreement with the company president to issue up to 2 million additional shares of common stock based on their net income for the year 2021 . if 2021 net income exceeds 100 million, the president will receive one million shares; if net income exceeds a 120 million the president will receive 2 million shares
Net income for the year end 2021 is $110 million, whats the diluted eps for 2020?
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