Zeba Company granted 27 million of its no par common shares to executives,subject to forfeiture if employment is terminated within three years.Zeba's common shares have a market price of $10 per share on January 1,2015,the grant date.
Required:
When calculating diluted EPS at December 31,2016,what will be the net increase in the denominator of the EPS fraction if the market price of the common shares averaged $10 during 2016?

Question

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The Answer of Zeba Company granted 27 million of its no par common shares to executives,subject to forfeiture if employment is terminated within three years.Zeba's common shares have a market price of $10 per share on January 1,2015,the grant date.
Required:
When calculating diluted EPS at December 31,2016,what will be the net increase in the denominator of the EPS fraction if the market price of the common shares averaged $10 during 2016?

Zeba Company Granted 27 Million of Its No Par Common