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11. The following information pertains to common stock transactions for Kinney Corporation during 2012: 1/1/2012 common shares outstanding: 3,000,000 1/1/2012 issued a 5% stock dividend
11. The following information pertains to common stock transactions for Kinney Corporation during 2012: 1/1/2012 common shares outstanding: 3,000,000 1/1/2012 issued a 5% stock dividend 4/1/2012 210,000 shares of preferred stock were converted to common stock 7/1/2012 a 2 for 1 stock split occurred 8/1/2012 300,000 additional common shares were issued 11/1/2012 Kinney purchased 24,000 common shares What is the weighted average number of common shares outstanding for Kinney Corporation in 2012?
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