Gabor Company had granted 20,000 options to buy one share of common stock at $10 per share to employees several years ago. The company had net income of $200,000 this year and had 300,000 shares of common stock outstanding the entire year. The average market price per share was $20 and the end of year price was $25 . Given only the above information, what are basic and diluted earnings per share
respectively for the year?
a. $0.67 $0.67
b. $0.67 $0.65
c. $0.65 $0.64
d. $0.64 $0.64
B
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a. warrant b. reason c. rebuttal d. claim
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