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27. Gama Ltd. had 2,500,000 average shares outstanding during all of 2015. During 2015, Gama also had 150,000 options outstanding with exercise prices of $15

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27. Gama Ltd. had 2,500,000 average shares outstanding during all of 2015. During 2015, Gama also had 150,000 options outstanding with exercise prices of $15 each. The average stock price of Gama during 2015 was $18. For purposes of computing diluted earnings per share, how many shares would be used in the denominator? A. 125,0000 B. 2,500,000 C. 2,525,000 D. 2,555,000

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