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What the weighted average number of outstanding shares by

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Problem 1: Warrants exercisable at $25 each to obtain 30,000 shares of common stock were outstanding during a period when the average market price of the common stock was $20. Application of the treasury stock method for the assumed exercise of these warrants in computing diluted earnings per share will increase the weighted average number of outstanding shares by:

Select one:

a. 30,000
b. 24,000
c. 6,000
d. 7,500
e. 0

Reference no: EM132772260

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