At the beginning of this year, Wagner Corporation had 4 0 0 , 0 0 0 shares

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Question:

At the beginning of this year, Wagner Corporation had

400, 000

shares of common stock outstanding.

-

The firm paid a

10

percent stock dividend on April

1

of this year.

-

The firm issued

90, 000

new common shares on June

30

of this year.

-

The firm repurchased

120, 000

common shares on November

30 .

The number of shares Wagner should use in computing buic earnings per share is closest to:

495, 000 479, 500 475, 000 484, 000

Posted Date: May 18, 2024 07:02 PM

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At the beginning of this year, Wagner Corporation had 4 0 0 , 0 0 0 shares

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