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Blossom Ltd. began its latest fiscal year on January 1, 2020, with 11,000 common shares outstanding. On April 1, Blossom sold 2,100 additional common shares.
Blossom Ltd. began its latest fiscal year on January 1, 2020, with 11,000 common shares outstanding. On April 1, Blossom sold 2,100 additional common shares. The company declared and issued a 20% stock dividend on June 1. On July 1, Blossom repurchased and cancelled 220 common shares. An additional 2,850 common shares were issued on September 1. On November 1, Blossom declared and issued a 2-for-one stock split. On December 1, Blossom issued an additional 100 shares. Following the fiscal year, Blossom declared and issued a 3-for-one stock split on February 1, 2021. The company issued its 2020 financial statements on March 10, 2021. Calculate the weighted average number of common shares that Blossom should use for calculating its EPS numbers for 2020. Weighted average number of common shares shares
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