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22) Red Co. had 600,000 shares of common stock outstanding on January 1, issued 120,000 shares on April 1, purchased 40,000 shares of treasury stock
22) Red Co. had 600,000 shares of common stock outstanding on January 1, issued 120,000 shares on April 1, purchased 40,000 shares of treasury stock on October 1, and issued 72,000 shares on November 1. The weighted average shares outstanding for the year is? 23) Blue Co. had 120,000 shares of stock outstanding on January 1, 2021. On May 1, 2021, Blue issued 60,000 shares. On July 1, Blue purchased 10,000 treasury shares, which were reissued on October 1. Compute Blue's weighted- average number of shares outstanding for 2021. 24) Boston Corp. had 500,000 shares of common stock outstanding on January 1, 2021. On March 1, Boston issued 30,000 shares. Compute the weighted- average number of shares outstanding if the 30,000 shares were issued in a 10% stock dividend
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