Question: 82. WEIGHTY Inc. started the current year with 2,000 common shares issued, but only 1,500 were outstanding at that time. The following events took place

82. WEIGHTY Inc. started the current year with 2,000 common shares issued, but only 1,500 were outstanding at that time. The following events took place during the current year: March 30 issued 200 previously unissued shares June 1 sold 400 treasury shares December1 purchased 100 treasury shares December 31 issued 500 previously unissued shares What is WEIGHTY's denominator of earnings per share for the current year? (Do not round intermediate calculations. Round your final answer to nearest whole number.) A. 1,917 shares B. 2,375 shares C. 1,875 shares D. 2,125 shares
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
