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On January 1, 2021, Bonita Corp. had472,000shares of common stock outstanding. During 2021, it had the following transactions that affected the Common Stock account.
On January 1, 2021, Bonita Corp. had472,000shares of common stock outstanding. During 2021, it had the following transactions that affected the Common Stock account. February 1 Issued 125,000shares March 1 Issued a 10% stock dividend Acquired 100,000shares of treasury stock May 1 June 1 October 1 Issued a 3-for-1 stock split Reissued 63,000shares of treasury stock (a) Determine the weighted-average number of shares outstanding as of December 31, 2021. The weighted-average number of shares outstanding
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