Question
BC corp. common share account shows the following transaction during 2020: Common Share activity for the Year Shares Jan. 1 Beginning balance 100,000 Mar. 1
BC corp. common share account shows the following transaction during 2020:
Common Share activity for the Year Shares
Jan. 1 Beginning balance 100,000
Mar. 1 Issued 20,000 shares 20,000
Jul. 1 Purchased 14,000 shares 14,000
Nov. 1 Issued 20% stock dividend ?
Dec. 1 1:3 stock split ?
Instruction:
Compute the Weighted Average Number of Shares Outstanding at the end of 2020?
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Financial and Managerial Accounting
Authors: Jonathan E. Duchac, James M. Reeve, Carl S. Warren
11th Edition
9780538480901, 9781111525774, 538480890, 538480904, 1111525773, 978-0538480895
