Question
2. Richman Company had 100,000 shares of common stock outstanding as of January 1, 2020. The following common stock transactions occurred during 2020. March 1Issued
2. Richman Company had 100,000 shares of common stock outstanding as of January 1, 2020. The following common stock transactions occurred during 2020. March 1Issued 20,000 shares for cash. June 1Issued a 10% stock dividend. September 1Reacquired 10,000 shares as treasury shares. November 1Sold the 10,000 treasury shares for cash. Instructions: Compute the weighted-average common shares for 2020.
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Merchandising Math A Managerial Approach
Authors: Doris Kincade, Fay Gibson, Ginger Woodard
1st Edition
0130995886, 978-0130995889
