Which One of the Following Is the Correct Calculation of Fully

Multiple Choice

Which one of the following is the correct calculation of fully diluted shares outstanding for a firm with in- the-money options, warrants, as well as convertible preferred and convertible debt?

A) Out of the money options and warrants plus in the money convertible preferred and debt
B) Basic shares outstanding + in-the-money options and warrants + in the money convertible preferred and debt
C) In the money options and warrants + in the money convertible preferred and debt
D) Basic shares outstanding + out of the money options and warrants.
E) Basic shares outstanding + convertible preferred and debt