What shares should be used in computing beps


Dec. 31, 2010, 600,000 shares of c/s issued and outstanding. Issued a 10% stock on dividend on July 1, 2011, on Oct.1,2011 reacquired 48,000 shares of iis c/s. What # of shares should be used in computing BEPS for the year ended Dec. 31, 2011?

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Accounting Basics: What shares should be used in computing beps
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