Question: 2 , 0 0 0 , 0 0 0 on January 1 st Issued 2 0 0 , 0 0 0 on February 1 st

2,000,000 on January 1st
Issued 200,000 on February 1st
Purchased 100,000 on May 1st
Issued 15% dividend on July 1st
3-1 stock split on August 1st
Issued 50,000 on November 1st
What were the average weighted shares?

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!

Q:

Apply knowledge of business transactions to create an accounting worksheet; Apply knowledge of financial reports to examine the financial health of a reporting entity; Develop basic Excel skills to...

Q:

To more efficiently manage its inventory, Telnex Corporation maintains its internal inventory records using first-in, first-out (FIFO) under a perpetual inventory system. The following information...

Q:

Given that: CNE Inc. sells computer network equipment. The early part of the year turned out to be highly profitable for CNE with record breaking sales from January through March. Exhibit A on page 3...

Q:

Given that: CNE Inc. sells computer network equipment. The early part of the year turned out to be highly profitable for CNE with record breaking sales from January through March. Exhibit A on page 3...

Q:

Q1. The following transactions occurred during Year 2, the second year of business for Nancy Nanny Child Care. Record each transaction in proper journal entry format below using debits and credits....

Q:

What are the answers for thise financial ratio analysis for JetBlue case, acording to the following: 1) Current ratio(Liquidity) 2) Total debt 3) Debt-equity 3) Inventory turnover 4) Receivables...

Q:

ces Montoure Company uses a perpetual inventory system. It entered into the following calendar-year purchases and sales transactions. Date January 1 Activities Beginning inventory February 10 March...

Q:

Accounting Cycle ProjectTransaction Practice Set B&G MusicACC5100 - Winter 2017 - Prof Chung You have been hired as an accountant for B&G Co., a corporation performing diverse consulting services in...

Q:

Accounting Cycle ProjectTransaction Practice Set B&G MusicACC5100 - Winter 2017 - Prof Chung You have been hired as an accountant for B&G Co., a corporation performing diverse consulting services in...

Q:

Paid-In Capital from Sale of Treasury Stock Mar. 15 180,000. Stock Dividends Distributable July 16 357,500. V June 14 357,500. Stock Dividends June 14 643,500. x Dec. 31 643,500. X Cash Dividends...

Q:

1 Aaron has a successful business with $50,000 of income in 2012. He purchased one new asset in 2012, a new machine that is 7-year MACRS property, with a cost of $7,000. Of the options available for...

Q:

Consider a bond issued on July 1st, 2021, whose face value is $1000 and priced at $1003.91 at issuance [FYI, in Bloomberg, this will be represented as a price of 100.39; every price is a "percentage...

Q:

The note receivable dishonored in Discussion Question 9 is paid on May 30 by the maker, plus interest for 30 days, 8%. What entry should be made to record the receipt of the payment?

Q:

12 Work out. If you cannot do a calculation mentally, write down some workings to help you. a C 10(-3) 14 13-(-9) 15 b 3+ (1+1) d 12-(+)

Q:

2023 1040 form 1.Phillip and Claire are married and file a joint return. Phillip is self-employed as a real estate agent, and Claire is a flight attendant. Phillip and Claire have three dependent...