What is the diluted shares outstanding

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Question - Company A has 279,000 basic shares outstanding and 26,000 outstanding options and warrants. The exercise price of these options is $3.75. The company also has $200,000 of convertible bonds with an effective conversion price of $4.00. The average market share price for the reporting period is $7.50. What is the diluted shares outstanding using the treasury stock method & if-converted methods?

a. 305,000

b. 292,000

c. 342,000

d. 345,333

Reference no: EM132819489

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