Realty1 has 40000 outstanding stock options its net income, Accounting Basics

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Realty1 has 40000 outstanding stock options its net income

Problem

Realty1 has 40,000 outstanding stock options. Its net income for the year is $250,000. Each option allows the holder to purchase a share of stock for $ 14. The average market value of the shares for the year was $ 17. What is the incremental income per common share?

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Accounting Basics: Realty1 has 40000 outstanding stock options its net income

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Accounting Basics: Realty1 has 40000 outstanding stock options its net income

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