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30 May, 11:00

The computation of the additional shares to be issued on the exercise of stock options assumes that the firm would repurchase common shares on the open market using an amount equal to the sum of all the following except

a any unamortized compensation expense on those options

b. any tax benefits that would be credited to additional paid-in capital

c. any cash proceeds from such exercise.

d net incremental shares issued

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  1. 30 May, 14:21
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    Answer and Explanation:

    b. any tax benefits that would be credited to additional paid-in capital
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