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Nash Inc.yses a calendar year for financial reporting. The company is authorized to issue 8 , 8 1 0 , 0 0 0 shares of
Nash Inc.yses a calendar year for financial reporting. The company is authorized to issue shares of $ par common stock. At no time has Nash issued any potentially dilutive securities Listed below is a summary of Nash's commo.rtock activities.
Number of common shares issued and outstanding at December
Shares issued as a result of a stock div Shares issued for cash on March
Number of common shares issued and outstanding at December
A for stock split of Nash's common stock took place on March
a
Your answer is correct.
Compute the weightedaverage number of common shares used in computing earnings per common share for on the comparative income statement.
shares
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b
Your answer is incorrect.
Compute the weightedaverage number of common shares used in computing earnings per common share for on the comparative income statement.
shares
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