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Question 1: The following information is available for Concord Corporation: January 1, 2021 Shares outstanding 4070000 April 1, 2021 Shares issued 640000 July 1, 2021

Question 1:

The following information is available for Concord Corporation:

January 1, 2021 Shares outstanding

4070000

April 1, 2021 Shares issued

640000

July 1, 2021 Treasury shares purchased

360000

October 1, 2021 Shares issued in a 100% stock dividend

4350000

The number of shares to be used in computing earnings per common share for 2021 is

5480000.

8780000.

9061600.

8740000.

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