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Problem #11: EPS, Weighted Average Shares Calculations The Cola Production Company showed the following share activity for the year ended 2018 Date Share Activity January

Problem #11: EPS, Weighted Average Shares Calculations

The Cola Production Company showed the following share activity for the year ended 2018

Date

Share Activity

January 1st

Beginning Share Balance was 252,000

April 1^st

Issued 84,000 shares for Cash

July 1^st

Purchased 109,200 Shares

November 1st

Issued 168,000 shares for Cash

Required: Compute the weighted average number of shares outstanding at the end of the year

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Previous Question Next Question

Date	Share Activity
January 1st	Beginning Share Balance was 252,000
April 1^st	Issued 84,000 shares for Cash
July 1^st	Purchased 109,200 Shares
November 1st	Issued 168,000 shares for Cash