Question
On January 1, 2021, Bramble Corp. had 468,000 shares of common stock outstanding. During 2021, it had the following transactions that affected the Common Stock
On January 1, 2021, Bramble Corp. had 468,000 shares of common stock outstanding. During 2021, it had the following transactions that affected the Common Stock account.
| February 1 | Issued 115,000 shares | |
| March 1 | Issued a 10% stock dividend | |
| May 1 | Acquired 96,000 shares of treasury stock | |
| June 1 | Issued a 3-for-1 stock split | |
| October 1 | Reissued 63,000 shares of treasury stock |
(a)
Determine the weighted-average number of shares outstanding as of December 31, 2021.
| The weighted-average number of shares outstanding | enter the weighted-average number of shares outstanding as of December 31, 2018enter the weighted-average number of shares outstanding as of December 31, 2018 |
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Taxation Of Individuals And Business Entities 2016
Authors: Brian Spilker, Benjamin Ayers, John Robinson, Edmund Outslay, Ronald Worsham, John Barrick, Connie Weaver
7th Edition
9781259334870
