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Brewer, Inc. had the following data related to its common shares: Shares outstanding at 1/1 40,000 2 for 1 stock split at 3/31 Stock issuance
Brewer, Inc. had the following data related to its common shares: Shares outstanding at 1/1 40,000 2 for 1 stock split at 3/31 Stock issuance at 6/30 6,000 What is the weighted average number of shares Brewer, Inc. should use to calculate its basic earnings per share for the year? Brewer, Inc. had the following data related to its common shares: Shares outstanding at 1/1 40,000 2 for 1 stock split at 3/31 Stock issuance at 6/30 6,000 What is the weighted average number of shares Brewer, Inc. should use to calculate its basic earnings per share for the year? 92,000 shares 46,000 shares 86,000 shares 83,000 shares
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