This year, Haidar?b?da Pl?s?ika, an Indian entity that tools plastic molds, agreed to distribute 5 million common shares to its employees (based on pay grade) if net income is at least ?25 million. Haidar?b?da Pl?s?ika had 25 million common shares outstanding all year. Assuming that net income was ?20 million, calculate basic EPS and diluted EPS.
A) Basic EPS - ?0.80; Diluted EPS - ?0.80
B) Basic EPS - ?0.67; Diluted EPS - ?0.67
C) Basic EPS - ?0.67; Diluted EPS - ?0.80
D) Basic EPS - ?0.80; Diluted EPS - ?0.67
Correct Answer:
Verified
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