Question
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 1st | Issued 84,000 shares for Cash |
| July 1st | 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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Security And Audit Field Manual
Authors: Alex Meyer, Mark Polino
1st Edition
B0B72Q3V4M, 979-8841258483
