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Business, 12.12.2020 17:10 madleneinejessup

Buffalo Corporation reported net income of $415,720 in 2020 and had 208,000 shares of common stock outstanding throughout the year. Also outstanding all year were 40,500 options to purchase common stock at $11 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.) Diluted earnings per share $

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