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Assessing Common Stock and Treasury Stock Balances Following is the stockholders' equity section from the Toyota Motor Corporation's balance sheet for the 2018 fiscal year,

Assessing Common Stock and Treasury Stock Balances

Following is the stockholders' equity section from the Toyota Motor Corporation's balance sheet for the 2018 fiscal year, which ended on March 31, 2018.

a. Toyota has repurchased 353,073,500 shares that comprise its March 31, 2018 treasury stock account. Compute the number of outstanding shares as of March 31, 2018

b. Assume that all of this treasury stock had been acquired in one purchase on July 1, 2017. What is the denominator of the basic EPS calculation?

Round to nearest whole

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