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Business, 17.03.2020 03:26, mimithurmond03
16-26Coronado Company’s net income for 2020 is $51,000. The only potentially dilutive securities outstanding were 1,200 options issued during 2019, each exercisable for one share at $6. None has been exercised, and 9,000 shares of common were outstanding during 2020. The average market price of Coronado’s stock during 2020 was $15.(a) Compute diluted earnings per share.
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16-26Coronado Company’s net income for 2020 is $51,000. The only potentially dilutive securities out...
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