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Question 3 On January 1, 2019, ABC Corporation had 480,000 shares of common stock outstanding. During 2019, it had the following transactions that affected the
Question 3 On January 1, 2019, "ABC" Corporation had 480,000 shares of common stock outstanding. During 2019, it had the following transactions that affected the Common Stock account. February 1 Issued 120,000 shares October 1 Reissued 60,000 shares of treasury stock May 1 Acquired 100,000 shares of treasury stock March 1 Issued a 20% stock dividend June 1 Issued a 3-for-1 stock split Required: Based on the above given information, and in the space given below, Compute the weighted average number of shares to be used in computing earnings per share for 2019
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