Question: Juniper Limited had 1 , 0 0 0 , 0 0 0 common shares outstanding on January 1 , 2 0 2 2 . The

Juniper Limited had 1,000,000 common shares outstanding on January1,2022. The following
events happened in 2022.
On June 1,200,000 common shares were issued for $40 each.
A 2 for 1 stock split was distributed on November1.
Required: Calculate the number of weighted-average common shares outstanding to use in the
calculation of basic EPS for the year ended December 3,2022. Round to the nearest share.
Show computations.
Weighted average common shares outstanding:
Juniper Limited had 1,000,000 common shares outstanding on January1,2022. The following

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