Business, 24.03.2020 19:56 Kriszzznizzle

Flounder Corporation reported net income of $331,840 in 2020 and had 186,000 shares of common stock outstanding throughout the year. Also outstanding all year were 34,500 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.

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Flounder Corporation reported net income of $331,840 in 2020 and had 186,000 shares of common stock...