Determine the weighted average number of shares outstanding


Corporation Q engaged in the following stock transaction during 19A:

Jan. 1 Issued 5,000 shares.

Mar. 1 Issued 3,000 shares.

June 1 Split the shares 2:1 (8,000 additional shares)

Oct. 1 Issued 2,000 shares.

Determine the weighted average number of shares outstanding.

Solution Preview :

Prepared by a verified Expert
Accounting Basics: Determine the weighted average number of shares outstanding
Reference No:- TGS0781220

Now Priced at $10 (50% Discount)

Recommended (98%)

Rated (4.3/5)