Question: 1 9 . On January 1 , 2 0 2 5 , Carla Vista Corporation had 3 8 9 0 0 0 shares of its

19.
On January 1,2025, Carla Vista Corporation had 389000 shares of its $2 par value common stock outstanding. On March 1. Carla Vista sold an additional 756000 shares on the open market at $20 per share. Carla Vista lssued a 20% stock dividend on May 1. On August 1, Carla Vista purchased 422000 shares and immediately retired the stock. On November 1,60p000 shares were sold for $25 per share. What is the weighted-average number of shares outstanding for 2025?
520534
1148467
723534
1561000
Sove for Later
Attempts: 0 of 1 used
4himtifntwwam
 19. On January 1,2025, Carla Vista Corporation had 389000 shares of

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!