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  3. 2 2 on january 1, a company had...

2 2 On January 1, a company had...

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Accounting

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On January 1, a company had outstanding incentive stock options exercisable to purchase 800 of its common shares for $22 each The price of the company's common stock averaged $20 per share during the year and closed at $23 on December 31 When calculating diluted earnings per share for the year, the stock options will increase the weighted average number of shares outstanding by Tack to select) ! Required information As of January 1, 2019, a company's shareholders' equity included the following: Common stock: $1 par. 500,000 shares outstanding Preferred stock: $50 par, 4% 25,000 shares outstanding (Click to select) of directors declared and paid total cash dividends of $60,000, S36,000 and $108,000 in years 2019 2020, respectively $60,000 red stock is cumulative and nonparticipating, and was issued on January 1, 2019. All common and preferred te outstanding during the entire three-year period (2019-2021) $1,250,000 Formation above to answer the questions below $50,000 $10,000 $0 lount of dividends paid to common shareholders in 2019 $10,000

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