Question
Douglas Corporation had 131,640 shares of stock outstanding on January 1, 2014. On May 1, 2014, Douglas issued 64,080 shares. On July 1, Douglas purchased
Douglas Corporation had 131,640 shares of stock outstanding on January 1, 2014. On May 1, 2014, Douglas issued 64,080 shares. On July 1, Douglas purchased 13,800 treasury shares, which were reissued on October 1.
Compute Douglass weighted-average number of shares outstanding for 2014
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Principles Of Financial Accounting
Authors: Jerry J. Weygandt, Lorena Mitrione, Michaela Rankin, Keryn Chalmers, Paul D. Kimmel
3rd Edition
0730302296, 978-0730302292
