Solution-Calculate the diluted eps for zenith corporation

Calculate the diluted eps for zenith corporation

Reference no: EM132803429

Zenith Corporation had net income of $280,000 and paid no dividends during the year. Zenith had 80,000 shares of common stock issued and outstanding the entire year. Zenith had 10,000 options exercisable into 10,000 shares of common stock at $10 per share. These options were outstanding the entire year. The average market price of Zenith's stock was $25.

Problem 1: Calculate the Diluted EPS

Reference no: EM132803429

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Calculate the diluted eps for zenith corporation

Reference no: EM132803429

Reference no: EM132803429

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