Business, 28.07.2020 22:01 oseniiyabode123
Loredo Company's net income for 2017 is $50,000. The only potentially dilutive securities outstanding were 1,000 options, each exercisable for one share at $6. None have been exercised, and 10,000 shares of common were outstanding during 2017. The average market price of Loredo's stock during 2017 was $10. The 1,000 options were issued on October 1, 2017. DEPS for 2017 is:.
a. $4.8
b. $4.55
c. $4.72
d. $4.95
e. $4.87
Answers: 1
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Loredo Company's net income for 2017 is $50,000. The only potentially dilutive securities outstandin...
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