ABC Corporation has 500,000 common shares and 50,000 6% cumulative preferred shares outstanding. Preferred shares have an even value of $ 100 per share. ABC did not pay dividends in 2020. It reported a net income of $ 2.5 million. On January 1, ABC granted its executives 10,000 stock options. Each option grants its holder the right to purchase 20 common shares at an exercise price of $ 29 per share. Options require a one year service period. The average market value of the shares was $ 30 per share during 2020. Determine the basic earnings per share a. $4.90 b. $4.34 c. $5.00 d. $4.40

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Q: diluted earnings per share ratio.

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Employee Benefits

In an organization employees are the most important resource and most important asset. They can lead an organization to the sky or can be the reason for unsuccessful of business. Therefore, it is very much important that employees of an organization should be satisfied by the environment of the organization and most importantly with the salary, wages incentives, etc.