Question: TB MC Qu . 1 9 - 8 8 ( Algo ) Markelevich Corporation had the following common... Markelevich Corporation had the following common stock

TB MC Qu.19-88(Algo) Markelevich Corporation had the following common...
Markelevich Corporation had the following common stock record during the current calendar year:
Outstanding-January 1120,000Additional shares issued 3/315,200,000Distributed a 10% stock dividend on 6/30Shares reacquired 9/30120,000
What is the number of shares to be used in computing basic EPS?
Multiple Choice
5,720,000
4,392,000
Correct
5,320,000
5,260,000

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