Treasury Stock Method example:
Assume stock options were exercised: 40,000 at $15 exercise price =$600,000
Stock issued were 40,000
Stock reacquired: $600,000 proceeds/$20 current mkt price = 30,000 shares
shares issued, not reacquired from stock option = 10,000
325,000 average C/S + 10,000 from options = 335,000 avg share
What???????? Where did the 325,000 number come from?
