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Following is the stockholders' equity section from the Toyota Motor Corporation's balance sheet for the 2018 fiscal year, which ended on March 31, 2018. a.
Following is the stockholders' equity section from the Toyota Motor Corporation's balance sheet for the 2018 fiscal year, which ended on March 31, 2018.
a. Toyota has repurchased 353,073,500 shares that comprise its March 31,2018 , treasury stock account. Compute the number of outstanding shares as of March 31, 2018. b. Assume that all of this treasury stock had been acquired in one purchase on July 1, 2017. What would have been the effect on the denominator of the basic EPS calculationStep by Step Solution
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