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Company has an agreement that the CEO will receive 40,000 shares of CS for each...

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Accounting

Company has an agreement that the CEO will receive 40,000 shares of CS for each $500K of net income in excess of $10 million achieved in 2024,2025 & 2026. Net income was $10.8 million on 3/31/24.
Calculate the potential common shares to include in DEPS at 3/31/24.

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