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Gear Corporation had the following common stock record during the current calendar year: Outstanding-January 1 119,000 Additional shares issued 3/31 5,190,000 Distributed a 10% stock
Gear Corporation had the following common stock record during the current calendar year: Outstanding-January 1 119,000 Additional shares issued 3/31 5,190,000 Distributed a 10% stock dividend on 6/30 Shares reacquired 9/30 119,000 What is the number of shares to be used in computing basic EPS? Multiple Choice 4,382,900. 5,709,000. 5,309,000. 5,249,500.
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