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Blue Corporation began its latest fiscal year on January 1, 2023, with 460,000 common shares outstanding. During the year, the following events occurred: On
Blue Corporation began its latest fiscal year on January 1, 2023, with 460,000 common shares outstanding. During the year, the following events occurred: On February 1, Blue sold 15,600 additional common shares. . The company declared and issued a 25% stock dividend on March 1. On June 1, Blue repurchased and cancelled 3,900 common shares. An additional 4,700 common shares were issued on July 1. On September 1, Blue declared and issued a three-for-one stock split. On December 1, Blue issued an additional 13,800 shares. Following the fiscal year, Blue declared and issued a two-for-one stock split on February 1, 2024, The company issued its 2023 financial statements on April 30, 2024. Calculate the weighted average number of common shares that Blue should use for calculating its EPS numbers for 2023. On December 1. Blue issued an additional 13,800 shares. Following the fiscal year, Blue declared and issued a two-for-one stock split on February 1, 2024. The company issued its 2023 financial statements on April 30, 2024. Calculate the weighted average number of common shares that Blue should use for calculating its EPS numbers for 2023. Weighted average number of common ares
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