Please show ALL work 16. GHI Corp has net income of $1,300,000. No preferred...
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Please show ALL work
16. GHI Corp has net income of $1,300,000. No preferred stock. The weighted average common shares outstanding during the year was 2.200,000 shares. No convertible bonds outstanding. However, GHI has stock options and warrants outstanding, and would translate into an additional 300,000 shares of common sock. (Note: 100,000 shares have vested and are exercisable, while 200.000 shares have not vested yet.) The average cxercise price of these options/warrants is $20/share, while the average market price during the year was $24. Using the treasury stock method, what is GHI's dituted EPS? Round to 3 digits ($0.000).
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