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Issued and outstanding 150000 shares of cs at dec 31 2009

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Issued and outstanding 150,000 shares of c/s at Dec. 31, 2009. July 1, 2010 issued an additional 25,000 shares of c/s for cash. Had unexercised stock options to purchase 20,000 shares of c/s at $15 per share outstanding at the beginning and end of 2010. The market price of c/s was $20 throughout 2010. What # of shares should be used in computing diluted EPS for the year ended Dec. 31, 2010?

Reference no: EM13597144

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