Question
The following transactions occurred with respect to Tiger Corporation's common stock: Jan.1 Common stock outstanding Feb.1 Jul.1 Aug.1 Sep.1 Oct.1 Nov.1 Acquired Treasury Stock
The following transactions occurred with respect to Tiger Corporation's common stock: Jan.1 Common stock outstanding Feb.1 Jul.1 Aug.1 Sep.1 Oct.1 Nov.1 Acquired Treasury Stock Required: Additional shares were sold for cash Additional shares were sold for cash 10% stock dividend Additional shares were sold for cash Issued a 2-for-1 stock split 700,000 shares 180,000 shares 200,000 shares 240,000 shares 120,000 shares 1. Calculate the weighted-average shares outstanding for 2020.
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The weightedaverage shares outstanding for 2020 is 700000 shares Weightedaverage shares outstanding ...Get Instant Access with AI-Powered Solutions
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