Question
On January 1, 2018, Carleton Corporation had 66,000 shares of $8 par value common stock outstanding. On March 31, 2018, Carleton issued an additional 23,000
On January 1, 2018, Carleton Corporation had 66,000 shares of $8 par value common stock outstanding. On March 31, 2018, Carleton issued an additional 23,000 shares in exchange for a building. What number of shares will be used in the computation of earnings per share for the year 2018?
- 83,250.
- 66,000.
- 89,000.
- 178,000.
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Management and Cost Accounting
Authors: Colin Drury
10th edition
1473748873, 9781473748910 , 1473748917, 978-1473748873
