On January 1, 2020, a company had 500,000 shares of common stock outstanding. On March 1, it issued a 3-for-1 stock split. On July 1
On January 1, 2020, a company had 500,000 shares of common stock outstanding. On March 1, it issued a 3-for-1 stock split. On July 1 it Issued 20,000 shares. On September 1 it Issued a 20% stock dividend. Determine the weighted-average number of shares outstanding as of December 31, 2020.
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Authors: Rute Goncalves, Patricia Teixeira Lopes
1st Edition
1032096225, 9781032096223
