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Goody, Inc. had the following common stock balances and transactions during year 1 Date Transaction/Balance Shares 1/1/y1 Common stock outstanding 30,000 2/1/y1 Issued a 10%
Goody, Inc. had the following common stock balances and transactions during year 1
Date Transaction/Balance Shares
1/1/y1 Common stock outstanding 30,000
2/1/y1 Issued a 10% common stock dividend 3,000
4/1/y1 Issued common stock for cash 8,000
12/31/y1 Common stock outstanding 41,000
What were Goody's year 1 weighted-average shares outstanding?
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