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Problem IV: (5 points) Wolfpack Corp. has the following information available related to its common stock for the year ending 12/31/21. On January 1, 500,000
Problem IV: (5 points) Wolfpack Corp. has the following information available related to its common stock for the year ending 12/31/21. On January 1, 500,000 shares were outstanding. On March 1, 100,000 shares were issued. On October 1, a 10% stock dividend was declared and distributed. On November 1, an additional 75,000 shares were issued. Question: What is the weighted-average number of common shares outstanding for 2021? Round calculations to the nearest whole month and whole share. Answer: shares Space for calculations
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