What will be the net increase in the denominator of the eps


Horrocks Company granted 180,000 restricted stock awards of its no par common shares to executives, subject to forfeiture if employment is terminated within three years. Horrocks' common shares have a market price of $10 per share on January 1, 2010, the grant date, and at December 31, 2011, averaging $10 throughout the year. When calculating diluted EPS at December 31, 2011, what will be the net increase in the denominator of the EPS fraction ?

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Accounting Basics: What will be the net increase in the denominator of the eps
Reference No:- TGS065319

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