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On January 1, 2018, Marigold Corp. had 459,000 shares of common stock outstanding. During 2018, it had the following transactions that affected the Common Stock
On January 1, 2018, Marigold Corp. had 459,000 shares of common stock outstanding. During 2018, it had the following transactions that affected the Common Stock account. February 1 Issued 121,000 shares March 1 Issued a 10% stock dividend May 1 Acquired 101.000 shares treasury stock June 1 Issued a 3-for-l stock split October 1 Reissued 57,000 shares of treasury stock Your answer is correct. Determine the weighted-average number of shares outstanding as of December 31, 2018. the weighted-average number of shares outstanding Assume that Marigold Corp. earned net income of $3, 577,000 during 2018. in addition, it had 95,000 shares of 9%, $100 par nonconvertible, noncumulative preferred stock outstanding for the entire year. Because of liquidity considerations, however, the company did not declare and pay a preferred dividend in 2018. Compute earnings per share for 2018, using the weighted-average number of shares determined in part (a). (Round answer to 2 decimal places, e.g. $2.55.) the parts of this question must be completed in order. This part will be available when you complete the part above. the parts of this question must be completed in order. This part will be available when you complete the part above
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