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Stine Inc. had 1,000,000 shares of common stock issued and outstanding throughout 2021. Stine also had stock options outstanding at the beginning and end of
Stine Inc. had 1,000,000 shares of common stock issued and outstanding throughout 2021. Stine also had stock options outstanding at the beginning and end of 2021 which allow the holders to purchase 300,000 shares of common stock at $25 per share. The average market price of Stine's common stock was $40 during 2021. The number of shares to be used in computing diluted earnings per share for 2021 is Answer: 1,250,000.38 Please enter your answer without using the thousand separator (.)
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