hard · Financial Accounting stockholders-equity

Pinnacle Therapeutics has $112M in Net Income available to common shareholders and 50M shares outstanding. It has 4M employee options with an exercise price of $15, while the average market price is $25.

Using the Treasury Stock Method, what is the diluted EPS?

  1. 2.074
  2. 2.240
  3. 2.171
  4. 2.201

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