Fully vested incentive stock options for 60,000 shares of common stock at an exercise price of $50 were outstanding at the beginning of 2016.The market price of the stock averaged $56 during the year.
Required:
If these options are exercised on March 1 of the current year,by how many shares will the options increase the weighted-average number of shares outstanding when calculating diluted earnings per share?

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The Answer of Fully vested incentive stock options for 60,000 shares of common stock at an exercise price of $50 were outstanding at the beginning of 2016.The market price of the stock averaged $56 during the year.
Required:
If these options are exercised on March 1 of the current year,by how many shares will the options increase the weighted-average number of shares outstanding when calculating diluted earnings per share?

Fully Vested Incentive Stock Options for 60,000 Shares of Common