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please, help with home work...................................... Exercise 16-15 Stellar Inc. uses a calendar year for financial reporting. The company is authorized to issue 9,400,000 shares of
please, help with home work......................................
Exercise 16-15 Stellar Inc. uses a calendar year for financial reporting. The company is authorized to issue 9,400,000 shares of $10 par common stock. At no time has Stellar issued any potentially dilutive securities. Listed below is a summary of Stellar's common stock activities. 2. 3. 4. Number of common shares issued and outstanding at December 31, 2015 Shares issued as a result of a 10% stock dividend on September 30, 2016 Shares Issued for cash on March 31, 2017 Number of common shares issued and outstanding at December 31, 2017 A 2-for-l stock split of Stellar's common stock took place on March 31, 2018 2,050,000 205,000 1,810,000 Compute the weighted-average number of common shares used in computing earnings per common share for 2016 on the 2017 comparative income statement. shares LINK TO TEXT Compute the weighted-average number of common shares used in computing earnings per common share for 2017 on the 2017 comparative income statement. shares LINK TO TEXT Compute the weighted-average number of common shares to be used in computing earnings per common share for 2017 on the 2018 comparative income statement. shares LINK TO TEXT Compute the weighted-average number of common shares to be used in computing eamings per common share for 2018 on the 2018 comparative income statement. shares LINK TO TEXT
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