Acme Welders, Inc. granted 340,000 employee options on April 1 of the current year. Employees can exercise each option a
Posted: Tue Nov 16, 2021 9:29 am
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.
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.