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needing helppp Number 2. Use the information provided to calculate the weighted average number of common shares outstanding for the purpose of diluted earnings per
needing helppp
Number 2. Use the information provided to calculate the weighted average number of common shares outstanding for the purpose of diluted earnings per share for the year 2020.3 4. 24,000 common shares outstanding on January 1, 2020. 10,000 preferred shares convertible into outstanding on January 1, 2020. Each preferred share can be converted to 12 common shares. 12,000 common shares issued on March 1, 2020 5,000 preferred shares were converted to common shares on May 31, 2020. 18,000 common shares were issued on September 1, 2020. 7. 8 A 1:2 reverse split was performed on November 15, 2020. 96,000 shares in portfolio were purchased on December 1, 2020. 51,000 shares outstanding on December 31, 2020. 10 11 2 3 3 5 Nmero 2. Utilice la informacin provista para calcular el promedio ponderado de acciones comunes en circulacin para fines de la ganancia por accin diluida para el ao 2020. 24,000 acciones comunes en circulacin el 1 de enero de 2020. 10,000 acciones preferidas convertibles en circulacin el 1 de enero de 2020. Cada accin preferida se puede convertir en 12 acciones comunes. 12,000 acciones comunes emitidas el 1 de marzo de 2020 5,000 acciones preferidas se convirtieron en acciones comunes el 31 de mayo de 2020. 18,000 acciones comunes se emitieron el I de septiembre de 2020. Un reverse Split de 1:2 se realiz el 15 de noviembre de 2020. 6,000 acciones en cartera se compraron el 1 de diciembre de 2020. 51,000 acciones en circulacin el 31 de diciembre de 2020, 7 8 9 10 11 Step by Step Solution
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