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Compute basic earnings per share for west inc

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Reference no: EM132657426

Computing EPS: Restricted Stock Awards

West Inc. granted 5,000 shares of restricted common stock shares at the beginning of 2020 to company managers that will vest after 4 years of service. Net income for the year is $360,000, and 250,000 common shares were outstanding the entire year. The fair value of the shares on January 1, 2020, is $25 per share. The average market price of common shares in 2020 is $25 per share.

Question a. Compute basic earnings per share.

Question b. Compute diluted earnings per share.

Reference no: EM132657426

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