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Business, 28.01.2020 05:31 guzmangisselle

Weaver company had 100,000 shares of common stock issued and outstanding at january 1. on july 1, weaver issued a 10% stock dividend. unexercised call options to purchase 20,000 shares of weaver’s common stock (adjusted for the stock dividend) at $20 per share were outstanding at the beginning and end of the year. the average market price of weaver’s common stock (which was not affected by the stock dividend) was $25 per share during the year. net income for the year ended december 31 was $550,000. what should be weaver’s diluted earnings per share (deps) for the year?

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Weaver company had 100,000 shares of common stock issued and outstanding at january 1. on july 1, we...
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