Calculating EPS and Recording Entries for Restricted Stock Awards As an incentive to retain...
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Calculating EPS and Recording Entries for Restricted Stock Awards As an incentive to retain key employees, on January the board of directors of Master Corp. granted restricted stock awards to executives to acquire shares each under the following terms. Restricted stock awards vest in three years on December Grantees must remain employed with Master Corp. to receive the common shares for years the requisite service period for the shares to be fully vested. Each stock award represents one share of $ par, common stock of Master Corp. Master Corp. has common shares outstanding during the year. Net income for the year was $ On tifle date of grant, the common shares were trading at $ per share. During the year, the average price of its common stock was $ Required Note: Round answers to the nearest whole number. D Calculate diluted EPS 
Calculating EPS and Recording Entries for Restricted Stock Awards
As an incentive to retain key employees, on January the board of directors of Master Corp. granted restricted stock awards to executives to acquire shares each under the following terms.
Restricted stock awards vest in three years on December Grantees must remain employed with Master Corp. to receive the common shares for years the requisite service period for the shares to be fully vested.
Each stock award represents one share of $ par, common stock of Master Corp.
Master Corp. has common shares outstanding during the year. Net income for the year was $ On tifle date of grant, the common shares were trading at $ per share. During the year, the average price of its common stock was $
Required
Note: Round answers to the nearest whole number.
D Calculate diluted EPS
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