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Grouper Cosmetic Inc. (ACI), a cosmetic product manufacturer, is a publicly listed company. ACI is preparing earnings per share data for 2020. The following is
Grouper Cosmetic Inc. (ACI), a cosmetic product manufacturer, is a publicly listed company. ACI is preparing earnings per share data for 2020. The following is a summary of the activity for ACI during 2020: 629,000 common shares issued and outstanding at December 31, 2019 110,000 common shares issued for cash on April 1, 2020 Repurchased 61,200 common shares on June 1, 2020 Two-for-one stock split on September 1, 2020 Calculate the weighted average number of shares outstanding for the year ended December 31, 2020. (Round answer to O decimal places, e.g. 5,275.) Weighted average number of common shares eTextbook and Media Save for Later Attempts: 0 of 2 used Submit
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