On January 1 Harrell Corp had 75 000 common shares issued

On January 1, Harrell Corp. had 75,000 common shares issued and outstanding. On April 1, it issued 24,000 additional shares and on June 1, declared and distributed a 20% share dividend. Calculate Harrell’s weighted-average outstanding shares for the year.

Membership

  • Access to 1 Million+ Textbook solutions
  • Ask any question from 24/7 available
    Tutors
$13.99
START MEMBERSHIP
OR

Non-Members