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    spongebob21's Avatar
    spongebob21 Posts: 7, Reputation: 1
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    #1

    Sep 25, 2011, 07:25 AM
    Basic earnings per share
    On January 1st 2006 boa inc had 100,000 shares of common stock outstanding. The following occurred throughout the year.
    March 1st: reacquired 3,000 shares accounted for as treasury stock
    September 30th: sold all the treasury shares
    December 1st: sold 12,000 new shares for cash
    December 31st: reported a net income of 297,750

    Calculate boas basic earnings per share for year ended 2006
    spongebob21's Avatar
    spongebob21 Posts: 7, Reputation: 1
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    #2

    Sep 25, 2011, 07:28 AM
    Stock options
    Stock options for 100,000 shares of common stock at an exercise price of 50.00 were outstanding for the entire year. The average market price of the stock was 56.00 and the end of year price was 55.00.

    By how many shares will the assumed exercise of these options increase the weighted-average number of shares outstanding when calculating diluted earrings per share?
    kcomissiong's Avatar
    kcomissiong Posts: 1,166, Reputation: 276
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    #3

    Sep 26, 2011, 09:50 AM
    If you'll browse some of the other threads, you'll see that the volunteers here are always happy to help with problems, not to do them. Per the policy of this site, we can't give you the answer or do the work. If you will show us your work, we can check it for you, and guide you if it is incorrect. We can also help by further explaining a concept but you HAVE to show your attempt first. If you'd like to post your work, we'd be happy to help.

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