Question
On january 1, 2026, Oriole Corp. Had 459,000 shares of common stock outstanding. During 2026, it had the following transactions that affected the common stock
On january 1, 2026, Oriole Corp. Had 459,000 shares of common stock outstanding. During 2026, it had the following transactions that affected the common stock account
Feb1: Issued 123,000 shares
March 1 Issued a 10% stock dividend
May 1 Acquired 101,000 shares of treasury stock
June 1 Issued a 3-1 stock split
oct 1: reissued 57,000 shares of treasury stock
calculate the weighted average number of shares outstanding. please show work
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started
Audit Risk In The Operation Of EDF Financed Projects
Authors: Koffi Rufin Kouame
1st Edition
6205912651, 978-6205912652
