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Compute the increase in number shares

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Problem - Warrants exercisable at $20 each to obtain 30,000 shares of common stock were outstanding during a period when the average market price of the common stock was $25. The treasury stock method was applied for the assumed exercise of these warrants in computing diluted earnings per share. Compute the increase in number shares from the application of the treasury stock method.

Reference no: EM132860365

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