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need help please? Kingbird Corporation had 291,000 shares of common stock outstanding on January 1,2025. On May 1, Kingbird issued 31,200 shares. (a) Compute the
need help please?
Kingbird Corporation had 291,000 shares of common stock outstanding on January 1,2025. On May 1, Kingbird issued 31,200 shares. (a) Compute the weighted-average number of shares outstanding if the 31,200 shares were issued for cash. Weighted-average number of shares outstanding (b) Compute the weighted-average number of shares outstanding if the 31,200 shares were issued in a stock dividend. Weighted-average number of shares outstanding Step by Step Solution
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