What number of shares will be used


On January 1, 2002, Huga Corporation had 100,000 shares of $5 par value common stock outstanding. On March 31, 2002, Huga issued an additional 8,000 shares in exchange for a building. What number of shares will be used in the computation of basic EPS for the year 2002?

Request for Solution File

Ask an Expert for Answer!!
Accounting Basics: What number of shares will be used
Reference No:- TGS046456

Expected delivery within 24 Hours