Question
Gear Corporation had the following common stock record during the current calendar year: Outstanding-January 1100,000Additional shares issued 3/315,000,000Distributed a 10% stock dividend on 6/30 Shares
Gear Corporation had the following common stock record during the current calendar year:
Outstanding-January 1100,000Additional shares issued 3/315,000,000Distributed a 10% stock dividend on 6/30 Shares reacquired 9/30100,000
What is the number of shares to be used in computing basic EPS?
A. 5,500,000.
B. 4,210,000.
C. 5,303,750.
D. 5,050,000.
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Auditing Employee Management
Authors: Kelli W. Vito, SPHR, CCP
1st Edition
0894137190, 9780894137198
