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Business, 08.05.2021 01:40 kaciebrin211

January 1, 2021, Woody Forrest Corporation granted executive stock options to purchase 30,000 of its common shares at $7 each. The market price of common stock was $13 per share on December 31, 2021, and averaged $15 per share during the year then ended. There was no change in the 153,000 shares of outstanding common stock during the year. Net income for the year was $28,000. The number of shares to be used in computing diluted earnings per share for the quarter is: Multiple Choice 153,000 169,000 181,000 197,000

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