Question: how many shares should torque use to calcut2017 basic earnings per sharw The following information pertains to Torque Corp's outstanding stock for 2018: Common stock,
how many shares should torque use to calcut2017 basic earnings per sharw
The following information pertains to Torque Corp's outstanding stock for 2018: Common stock, $1 par value Shares outstanding, 1/1/2018 2-for-1 stock split, 4/1/2018 shares issued, 7/1/2018 Preferred stock, $10 par value, 6% cumulative Shares outstanding, 1/1/2018 O 135,000 60,000 120.000 30,000 How many shares should Torque use to calculate 2018 basic earnings per share? 12,000
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