Blue Cab Company had 62,000 shares of common stock outstanding on January 1,2024. On April...
90.2K
Verified Solution
Link Copied!
Question
Accounting
Blue Cab Company had shares of common stock outstanding on January On April the company issued shares of common stock. The company had outstanding fully vested incentive stock options for shares exercisable at $ that had not been exercised by its executives. The endofyear market price of common stock was $ while the average price for the year was $ The company reported net income in the amount of $ for What is the diluted earnings per share rounded
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!