Business, 25.06.2021 04:50, phamleson8697

Stanley Corp. had 100,000 shares of common stock outstanding throughout 2004. It also had 20,000 stock options with an exercise price of $20 and another 20,000 options with an exercise price of $28. The average market price for the company's stock was $25 throughout the year. The stock closed at $30 on December 31, 2004. What are the number of shares used to calculate diluted earnings per share for the year?

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Stanley Corp. had 100,000 shares of common stock outstanding throughout 2004. It also had 20,000 sto...