Question #2) On January 1, 2016, Big Sean Co. had 25,000 shares of common stock outstanding. On

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Question #2)

On January 1, 2016, Big Sean Co. had 25,000 shares of common stock outstanding. On April 1, 2016 it had a 10% stock dividend. On October 1, 2017 it had a 4:1 stock split.

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Determine the weighted average common stock outstanding used in the basic earnings per share computation at 12/31/2016.

Determine the weighted average common stock outstanding used in the basic earnings per share computation at 12/31/2017.

Posted Date: May 18, 2024 05:00 AM

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Question #2) On January 1, 2016, Big Sean Co. had 25,000 shares of common stock outstanding. On

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