At the beginning of the current year, Hardin Company had 20,000 shares of $ 10 par common

Question:

At the beginning of the current year, Hardin Company had 20,000 shares of $ 10 par outstanding. During the year, it engaged in the following transactions related to its common stock, so that at year- end it had 63,800 shares outstanding:
Apr. 2 Issued 5,000 shares of stock.
June 4 Issued 4,000 shares of stock.
July 1 Issued a 10% stock dividend.
Sept. 28 Issued a 2- for- 1 stock split, reducing the to $ 5 per share.
Oct. 3 Reacquired 1,000 shares as treasury stock.
Nov. 27 Reissued the 1,000 shares of treasury stock.
Required:
Determine the weighted average number of shares outstanding for computing the current earnings per share.
Common Stock
Common stock is an equity component that represents the worth of stock owned by the shareholders of the company. The common stock represents the par value of the shares outstanding at a balance sheet date. Public companies can trade their stocks on... Par Value
Par value is the face value of a bond. Par value is important for a bond or fixed-income instrument because it determines its maturity value as well as the dollar value of coupon payments. The market price of a bond may be above or below par,...