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Fully vested incentive stock options exercisable at $40 per share to obtain 28,000 shares of common stock were outstanding during a period when the average market price of the common stock was $50 and the ending market price was $50.

By how many shares will the assumed exercise of these options increase the weighted-average number of shares outstanding when calculating diluted earnings per share?

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M9404931

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