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Ian Co. is calculating earnings per share amounts for inclusion in Ian’s annual report to shareholders. Ian has obtained the following information from the controller’s office as well as shareholder services:
In addition, Ian has issued 10,000 incentive stock options with an exercise price of $30 to its employees and a year-end market price of $25 per share. What amount is Ian’s diluted earnings per share for the year ended December 31? A. $4.63 B. $4.85 C. $7.35 D. $7.94 |
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