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Compute dj diluted eps

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Reference no: EM132678456

DJ Industries had the following entry

1- Revenues were $ 4, 525,475 and expense were $ 4,475,475

2- The Company's common stock was affected by the following activity

a- On January 1, Common shares 360,000

b- On March 1, purchased shares 60,000-

c- September 1, issued shares of common stock 30, 000

  • There were 100, 000 call options at December 31, 2019, The options were exercisable at $ 20 20 and the Company 's average share price during the year was $ 30.
  • DJ had no preferred stock

Problem 1: Compute DJ diluted EPS for 2019

Reference no: EM132678456

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