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Dublin Inc. had the following common stock record during the current calendar year: Outstanding-beginning of year 2,750,000 Additional share issued 6/30 250,000 Additional share issued
Dublin Inc. had the following common stock record during the current calendar year: |
Outstanding-beginning of year | 2,750,000 |
Additional share issued 6/30 | 250,000 |
Additional share issued 9/30 | 250,000 |
A 14% stock dividend was paid on December 1. What is the number of shares to be used in computing basic EPS? |
a) | 3,420,000. |
b) | 3,348,750. |
c) | 3,277,500. |
d) | 2,937,500. |
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