Business, 31.03.2020 02:46 kingbudd129

Metlock Corporation reported net income of $445,050 in 2020 and had 198,000 shares of common stock outstanding throughout the year. Also outstanding all year were 45,000 options to purchase common stock at $12 per share. The average market price of the stock during the year was $15. Compute diluted earnings per share. (Round answer to 2 decimal places, e. g. 3.55.)

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Metlock Corporation reported net income of $445,050 in 2020 and had 198,000 shares of common stock o...

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