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  3. 21) harvey inc. reported net earnings of $300,000

21) Harvey Inc. reported net earnings of $300,000 for the year. Harvey has 200,000 shares...

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Accounting

21) Harvey Inc. reported net earnings of $300,000 for the year. Harvey has 200,000 shares of common stock outstanding all year. Two years ago, the company granted 20,000 stock options that allow employees to purchase shares for $15 each. The company stock has averaged $20 in the market during the year. Compute the basic and diluted EPS.

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