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Computation of Weighted Average Shares - The Bronco Corporation show the following share activity for the year 2019. Date Share Activity January 1st Beginning Share

Computation of Weighted Average Shares - The Bronco Corporation show the following share activity for the year 2019.

Date

Share Activity

January 1st

Beginning Share Balance was 270,000

April 1st

Issued 90,000 shares for Cash

July 1st

Purchased 117,000 Shares

November 1st

Issued 180,000 shares for Cash

Required: Compute the weighted average number of shares outstanding at the end of the year

Date

Share Activity

Share Changes

January 1st

Beginning Share Balance

April 1st

July 1st

November 1st

December 31st

Ending Balance

Dates Outstanfing

Shares Outstanding

Fraction of Year

Weighted Shares

Weighted Average Number of Shares Outstanding

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