Calculate diluted earnings per share for the year ended

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Question - Carla Vista Corp's net income for 2020 is $143,200. The only potentially dilutive securities outstanding were 1,800 call options issued during 2019, with each option being exercisable for one share at $20. None have been exercised, and 26,300 common shares were outstanding during 2020. The average market price of the company's shares during 2020 was $25. Calculate diluted earnings per share for the year ended December 31, 2020.

Reference no: EM133132098

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