Business
Business, 26.02.2020 22:02, 2023rmartel82

Venzuela Company’s net income for 2020 is $50,000. The only potentially dilutive securities outstanding were 1,000 options issued during 2019, each exercisable for one share at $6. None has been exercised, and 10,000 shares of common were outstanding during 2020. The average market price of Venzuela’s stock during 2020 was $20.(a) Compute diluted earnings per share. (Round answer to 2 decimal places, e. g. $2.55.)

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Venzuela Company’s net income for 2020 is $50,000. The only potentially dilutive securities outstand...

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