Acme Welders, Inc. granted 340,000 employee options on April 1 of the current year. Employees can exercise each option a

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answerhappygod
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Acme Welders, Inc. granted 340,000 employee options on April 1 of the current year. Employees can exercise each option a

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Acme Welders, Inc. granted 340,000 employee options on April 1
of the current year. Employees can exercise each option and receive
two shares of the company's common stock at an exercise price of
$12 per share. The average market price of Acme's common shares is
$25. Based on this information, compute the incremental shares to
include in the denominator of the diluted earnings per share
ratio.
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