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    lynette1259's Avatar
    lynette1259 Posts: 4, Reputation: 1
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    #1

    Aug 9, 2006, 06:57 AM
    Stocks- Help
    December 31,2006, company had outstanding 180,000 shares of common stock. Net income for 2006 was $285,000. Outstanding options to purchase 15,000 shares of common stock at $20 per share had not been exercised by December 31,2006, market prices for common stock were:

    July 1, 2006: $18 per share
    December 31: $32 per share
    Average Market: $25 per share

    Compute basic and diluted earnings per common share in 2006.
    CaptainForest's Avatar
    CaptainForest Posts: 3,645, Reputation: 393
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    #2

    Aug 9, 2006, 02:02 PM
    How would you do this problem?

    What do you think the answer is?

    Post your answer (and how you got at that answer), and I will look it over for you.
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