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Omaha Corp. has 100,000 shares outstanding on January 1, and issues 50,000 shares on June 30. On August 15, Omaha issued a 10% stock dividend
Omaha Corp. has 100,000 shares outstanding on January 1, and issues 50,000 shares on June 30. On August 15, Omaha issued a 10% stock dividend and on September 30, Omaha reacquired 12,000 shares. Omahas weighted average number of shares outstanding for the year is closest to:
A) 134,200
B)134,500
C)134,750
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