Question: How do i get the right answer? The following information pertains to Grey Corp.'s outstanding stock for 2016: Common stock, $5 par value Shares outstanding,

How do i get the right answer? The following information pertains to Grey Corp.'s outstanding stock for 2016: Common stock, $5 par value Shares outstanding, 1/1/2016 16310 Shares issued, 7/1/2016 16894 50% stock divdend, 9/1/2016 Preferred stock, $10 par value, 5% cumulative Shares outstanding, 1/1/2016 5736 What is the number of shares Grey should use to calculate 2016 basic earnings per share? How do i get the right answer? The following information pertains to

The following information pertains to Grey Corp.'s outstanding stock for 2016: Common stock, $5 par value Shares outstanding, 1/1/2016 16310 Shares issued, 7/1/2016 16894 50% stock divdend, 9/1/2016 Preferred stock, $10 par value, 5% cumulative Shares outstanding, 1/1/2016 5736 What is the number of shares Grey should use to calculate 2016 basic earnings per share? Selected Answer: 32,9h2 Correct Answer: 37,136 +1

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