Question: Problem #11: EPS, Weighted Average Shares Calculations The Cola Production Company showed the following share activity for the year ended 2018 Date Share Activity January

Problem #11: EPS, Weighted Average Shares Calculations

The Cola Production Company showed the following share activity for the year ended 2018

Date

Share Activity

January 1st

Beginning Share Balance was 252,000

April 1st

Issued 84,000 shares for Cash

July 1st

Purchased 109,200 Shares

November 1st

Issued 168,000 shares for Cash

Required: Compute the weighted average number of shares outstanding at the end of the year

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