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Home Q & A Board Other Fields Homework Help Business Accounting
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Fernan1999 Fernan1999
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5 years ago
Harvey Inc. reported net earnings of $300,000 for the year.  Harvey has 200,000 shares of common stock outstanding all year. Two years ago the company granted 20,000 stock options that allow employees to purchase shares for $15 each.  The company stock has averaged $20 in the market during the year. Compute the basic and diluted EPS.
A) basic EPS $1.50; diluted EPS$1.46
B) basic EPS $1.50; diluted EPS $1.50
C) basic EPS $1.46; diluted EPS $1.46
D) basic EPS $1.50; diluted EPS $1.00
Textbook 
Intermediate Accounting

Intermediate Accounting


Edition: 1st
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kiara23247843kiara23247843
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Fernan1999 Author
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#2
5 years ago
This is very helpful, my teacher this year is not good
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