hard · CFA Level I Financial Statement Analysis
Meridian Pack has a complex capital structure. Net income is 500,000, and there are 200,000 common shares outstanding for the entire year. There are 10,000 employee stock options outstanding with an exercise price of 40. The average market price of the common stock during the year was 50.
Diluted Earnings Per Share (EPS) is closest to:
- 2.50
- 2.38
- 2.48
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