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Aufume Corpocaton began the year with 140,000 shares of common stock and 10,000 shares of 6%,$100 par value cumulative, non-convertble, preterred stock. On Apnil 1,

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Aufume Corpocaton began the year with 140,000 shares of common stock and 10,000 shares of 6%,$100 par value cumulative, non-convertble, preterred stock. On Apnil 1, it declared 10% stock dividend on common shares. on Docember1, Auturn declared a 2 for 1 stock split. On June 1, it purchased 15,000 shares of treasury stock. On February 27 , it issued an adstional 5,000 shates of stock (nctude comma in your answer) Use this indormation tor the ned several questions Compute the appropriale weighted average shares of common slock for the year QUESTION 2 The mumber of stares of peefered slock that would be subtected from not income would be (includa comma in your- nnswen) Given the above inlormation and if net income was $500,000, the basic earnings per share would bo calculated as a. 51.52 b. 5147 c. 5142 d. None of the abowe QUESTION 4 Given the abowe inloctiakion the number of shaves of conmon stock outstanding woild be (include comma in your answer) Qurstion 5 Groon Day Corporation has outwanding 200,000 shares of 511 par valuo common slock. The conporaboe declares a 7% slock divitond whinen the far value of the slock is Sor per share. In preparing the joshal entry, what is the amount of to be ciodited for the APIC. Ces? (include comma in your answer)

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