Calculate the incremental shares outstanding for oriole

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Question: Oriole Limited purchased 48,000 call options during the year. The options give the company the right to buy its own common shares for$7each. The average market price during the year was$10per share. Assume that Oriole also wrote put options that allow the holder to sell 48,000 of Oriole's shares to Oriole at$12per share. Calculate the incremental shares outstanding for Oriole. (Round answer to O decimal places, e.g. 5,275.) Incremental shares outstanding shares

Reference no: EM133433497

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