Fully vested incentive stock options for 95,000 shares of common stock at an exercise price...

60.1K

Verified Solution

Question

Accounting

Fully vested incentive stock options for 95,000 shares of common stock at an exercise price of $45 were outstanding for the entire year. The market price of the stock during the year averaged $51. Required: By how many shares will the assumed exercise of these options increase the weighted-average number of shares outstanding when calculating diluted earnings per share?

Number of shares?____________________

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students