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Novak Corporation began its latest fiscal year on January 1 , 2 0 2 3 , with 4 7 0 , 0 0 0 common
Novak Corporation began its latest fiscal year on January with common shares outstanding. During the year, the following events occurred:
On February Novak sold additional common shares.
The company declared and issued a stock dividend on March
On June Novak repurchased and cancelled common shares.
An additional common shares were issued on July
On September Novak declared and issued a threeforone stock split.
On December Novak issued an additional shares.
Following the fiscal year, Novak declared and issued a twoforone stock split on February
The company issued its financial statements on April Calculate the weighted average number of common shares that Novak should use for calculating its EPS numbers for
Weighted average number of common shares
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