What should fenton co report for diluted earnings, Accounting Basics

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What should fenton co report for diluted earnings

Fenton Co. had net income for 2014 of $400,000. The average number of shares outstanding for the period was 200,000 shares. The average number of shares under outstanding options, at an option price of $30 per share is 12,000 shares. The average market price of the common stock during the year was $36. What should Fenton Co. report for diluted earnings per share for the year ended 2014?

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Accounting Basics: What should fenton co report for diluted earnings

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Accounting Basics: What should fenton co report for diluted earnings

Reference No:- TGS0685826

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Recent Questions Asked Accounting Basics

Q : How would these interfund receivables and payables be

Q : The monthly investment in fixed expenses

Q : Number of common shares outstanding during the period

Q : Income from the discharge of its debts

Q : What should fenton co report for diluted earnings

Q : What is the weighted average shares outstanding to be used

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Request for Solution File

Ask an Expert for Answer!!

Accounting Basics: What should fenton co report for diluted earnings

Reference No:- TGS0685826

Recent Questions Asked Accounting Basics

Q : How would these interfund receivables and payables be

Q : The monthly investment in fixed expenses

Q : Number of common shares outstanding during the period

Q : Income from the discharge of its debts

Q : What should fenton co report for diluted earnings

Q : What is the weighted average shares outstanding to be used

Q : Prepare the liability section of a classified balance

Q : The balance represented an award based

Q : How much credit a company should get for cooperating

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