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A local boat manufacturing company, Pile of Ship, had the following fact pattern for its common shares: Jan 1: 100,000 shares outstanding Mar 1: Issued
A local boat manufacturing company, Pile of Ship, had the following fact pattern for its common shares: Jan 1: 100,000 shares outstanding Mar 1: Issued 20,000 shares June 1: 50% stock dividend (60,000 shares issued) Nov 1: Issued 30,000 shares Dec 31: Ending Balance = 210,000 shares outstanding The Company has a December 31 year-end. Determine the weighted average of shares outstanding
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