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Exercise 16-15 Blossom Inc. uses a calendar year for financial reporting. The company is authorized to issue 9,000,000 shares of $12 par common stock. At
Exercise 16-15 Blossom Inc. uses a calendar year for financial reporting. The company is authorized to issue 9,000,000 shares of $12 par common stock. At no time has Blossom issued any poten 1. Number of common shares issued and outstanding at December 31, 2015 2. Shares issued as a result of a 12% stock dividend on September 30, 2016 3. Shares issued for cash on March 31, 2017 Number of common shares issued and outstanding at December 31, 2017 4. A 2-for-1 stock split of Blossom's common stock took place on March 31, 2018 2,160,000 259,200 2,190,000 4,609,200 Compute the weighted average number of common shares used in computing earnings per common share for 2016 on the 2017 comparative income statement. shares LINK TO TEXT Compute the weighted average number of common shares used in computing earnings per common share for 2017 on the 2017 comparative income statement. shares LINK TO TEXT Compute the weighted average number of common shares to be used in computing earnings per common share for 2017 on the 2018 comparative income statement. shares LINK TO TEXT Compute the weighted average number of common shares to be used in computing earnings per common share for 2018 on the 2018 comparative income statement. shares
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