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enter R. Question #2- Marco, Inc. determined the following information concerning its common stock during 2014: January 1 March 1 July 1 October 1 15,500

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enter R. Question #2- Marco, Inc. determined the following information concerning its common stock during 2014: January 1 March 1 July 1 October 1 15,500 shares outstanding Issued a 3-for-1 stock split Issued 1,500 additional shares Reacquired 2,000 shares Required: What should Marco, Inc. use as the denominator for its basic earnings per share calculation for 2014? 5,506 43000 3/ 12,000 ia 11

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