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please need ANSWER D step by step so i can know better Attempts: 1 of 3 used (d) Compute the weighted average number of common
please need ANSWER D step by step so i can know better
Attempts: 1 of 3 used (d) Compute the weighted average number of common shares to be used in computing earnings per common share for 2021 on the 2021 comparative Income statement. shares e Textbook and Media Save for Later Attempts: 0 of 3 used Submit Answer Sdtv FDE 12 15720 View Policies Show Attempt History Current Attempt in Progress Cheyenne Inc. uses a calendar year for financial reporting. The company is authorized to issue 9,680,000 shares of $10 par common stock. At no time has Cheyenne issued any potentially dilutive securities. Listed below is a summary of Cheyenne's common stock activities 1. 2,000,000 2. 200,000 3. Number of common shares issued and outstanding at December 31, 2018 Shares issued as a result of a 10% stock dividend on September 30, 2019 Shares issued for cash on March 31, 2020 Number of common shares issued and outstanding at December 31, 2020 A 2-for-stock split of Cheyenne's common stock took place on March 31, 2021 1.940,000 4,140,000 4 Step by Step Solution
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