Business
Business, 30.03.2021 05:20, whitty

January 1, 2021, Woody Forrest Corporation granted executive stock options to purchase 27,000 of its common shares at $7 each. The market price of common stock was $10 per share on December 31, 2021, and averaged $9 per share during the year then ended. There was no change in the 150,000 shares of outstanding common stock during the year. Net income for the year was $25,000. The number of shares to be used in computing diluted earnings per share for the quarter is:

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January 1, 2021, Woody Forrest Corporation granted executive stock options to purchase 27,000 of its...

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