Warrants Exercisable at $ 20 Each to Obtain 50,000 Common

question 41

Multiple Choice

Warrants exercisable at $ 20 each to obtain 50,000 common shares were outstanding during a period when the average market price of the common shares was $ 25. Application of the treasury stock method in calculating diluted earnings per share will increase the weighted average number of outstanding shares by

• A) 50,000.
• B) 40,000.
• C) 12,500.
• D) 10,000.

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Definitions:

Eukarya

The domain that includes all eukaryotes: protists, fungi, plants, and animals.

Membrane-Enclosed Organelles

Cellular structures in eukaryotic cells that are surrounded by a lipid bilayer membrane, each with specific functions, such as the nucleus and mitochondria.

Nuclei

The plural of nucleus, referring to the membrane-bound organelles found in eukaryotic cells that contain most of the cell's genetic material.

Family Level

A classification rank in biological taxonomy that groups together related genera, a level above genus and below order.