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4.35 Corporation G had the following transactions involving its own common stock during 19A. Jan. 1 Issued 1,000 shares. Mar. 1 Issued 3,000 shares. May
4.35 Corporation G had the following transactions involving its own common stock during 19A. Jan. 1 Issued 1,000 shares. Mar. 1 Issued 3,000 shares. May 1 Bought back 500 shares. Oct. 1 Issued 2,000 shares.
Dec. 1 Issued 1,000 shares.
Determine the weighted average number of shares outstanding during the year.
4.36 Use the same information as in the previous example but assume Corporation G split its stock 2:1 on April 1. Determine the weighted average number of shares outstanding.
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