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At January 1, 2022, Ingles Corp. had 11,000,000 shares of common stock issued and 939,000 shares held in treasury. On April 1, Ingles declares a
At January 1, 2022, Ingles Corp. had 11,000,000 shares of common stock issued and 939,000 shares held in treasury. On April 1, Ingles declares a 2-for-1 stock split. On December 1, Ingles sells 155,000 shares of common stock (not from the treasury) for cash. How many common shares are outstanding at December 31, 2022?
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