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Exercise 16-15 Kingbird tre uses a Calendar year for Financial reporting. The company is wuthorised to spe 9,000,000 shares of $12 par common stock. At
Exercise 16-15 Kingbird tre uses a Calendar year for Financial reporting. The company is wuthorised to spe 9,000,000 shares of $12 par common stock. At no time at Kingbirded any potentially live securities Linted below any Kingbird's common stock acts 1. Number of common shares sued and outstanding at December 31, 2018 2.60,000 2. Share issued as a result of a 12% stock dividend on September 30, 2019 259,200 3. Shares issued for cash on March 31, 2020 2.199,000 Number of common shares inued and outstanding at December 31, 2020 4.10.200 4. A2-for-1 stock split of Kingbird's common stock took place on March 31, 2021 Compute the weighted average number of common shares used in computing carings per common share for 2019 on the 2020 orative Income statement shares LETTER Computer the weighted average number of common shares used in computing earnings per common are for 2020 on the 2020 compartive income statement Compute the weighted average number of common shares to be used in computing earnings per common share for 2020 on the 2021 comparative Income statement LIMTOTEKE Compute the weighted average number of common shares to be used in computing earnings per common share for 2021 on the 2021 comparative income statement Shares LTHETOHET
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