Reference no: EM132730042
Question - 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.
Required - Compute DJ diluted EPS for 2019?
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