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What should coronado industries report for diluted earnings

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Reference no: EM132761096

Question - Coronado Industries had net income for 2021 of $596000. The average number of shares outstanding for the period was 203000 shares. The average number of shares under outstanding options, at an option price of $30 per share is 11700 shares. The average market price of the common stock during the year was $36. What should Coronado Industries report for diluted earnings per share for the year ended 2021?

Reference no: EM132761096

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