Question: How do you get to this answer? Question 11 1/1 pts Cell Services Inc. (CSI) had 1,500,000 average shares outstanding during all of 2009. During

How do you get to this answer?

Question 11 1/1 pts Cell Services Inc. (CSI) had 1,500,000 average shares outstanding during all of 2009. During 2009, CSI also had 20,000 options outstanding with exercise prices of $20 each. The average stock price of CSI during 2009 was $25. For purposes of computing diluted earnings per shared, how many shares would be used in the denominator? 1,520,000 1,504,000 1,500,000 O No answer text provided

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