Question
Gear Corporation had the following common stock record during the current calendar year: Outstanding - January 1 5,000.000 Additional shares issued 3/31 100,000 Distributed a
Gear Corporation had the following common stock record during the current calendar year:
Outstanding - January 1 5,000.000
Additional shares issued 3/31 100,000
Distributed a 10% stock dividend on 6/30
Shares reaquired 9/30 100,000
What is the number of shares to be used in computing basic EPS?
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Accounting For Non Accounting Students
Authors: John Dyson, Ellie Franklin
10th Edition
1292286938, 9781292286938
