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What the number of shares to be used

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Question - Amer Company had 600,000 ordinary shares issued and outstanding at December 31, 2019. On October 1, 2020 an additional 600,000 shares were issued for cash. Amer Company also had share options outstanding at the beginning and end of 2020 which allow the holders to purchase 180,000 ordinary shares at €28 per share. The average market price of Amer Company's ordinary shares was €35 during 2020. What the number of shares to be used in computing diluted earnings per share for 2020?

Reference no: EM132997900

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