Question: Current Attempt in Progress Marigold Inc. uses a calendar year for financial reporting. The company is authorized to issue 8,320,000 shares of $12 par common

 Current Attempt in Progress Marigold Inc. uses a calendar year forfinancial reporting. The company is authorized to issue 8,320,000 shares of $12

Current Attempt in Progress Marigold Inc. uses a calendar year for financial reporting. The company is authorized to issue 8,320,000 shares of $12 par common stock. At no time has Marigold issued any potentially dilutive securities. Listed below is a summary of Marigold's common stock activities. 1. Number of common shares issued and outstanding at December 31, 2018 2. Shares issued as a result of a 12% stock dividend on September 30, 2019 3. Shares issued for cash on March 31, 2020 Number of common shares issued and outstanding at December 31, 2020 4. A2-for-1 stock split of Marigold's common stock took place on March 31, 2021 2,140,000 256,800 2,030,000 4,426,800 x Your answer is incorrect. Compute the weighted average number of common shares used in computing earnings per common share for 2019 on the 2020 comparative income statement. 2204200 shares X Your answer is incorrect. Compute the weighted average number of common shares used in computing earnings per common share for 2020 on the 2020 comparative income statement. 3726700 shares eTextbook and Media x Your answer is incorrect. Compute the weighted average number of common shares to be used in computing earnings per common share for 2020 on the 2021 comparative income statement. 7453400 shares

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