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Tamarisk Inc. uses a calendar year for financial reporting. The company is authorized to issue 8,480,000 shares of $ 10 par common stock. At no
Tamarisk Inc. uses a calendar year for financial reporting. The company is authorized to issue 8,480,000 shares of $10 par common stock. At no time has Tamarisk issued any potentially dilutive securities. Listed below is a summary of Tamarisks common stock activities.
1. Number of common shares issued and outstanding at December 31, 2018 1,900,000 2. Shares issued as a result of a 10% stock dividend on September 30, 2019 190,000 3. Shares issued for cash on March 31, 2020 2,130,000 Number of common shares issued and outstanding at December 31, 2020 4,220,000 4. A 2-for-1 stock split of Tamarisks common stock took place on March 31, 2021
Compute the weighted-average number of common shares used in computing earnings per common share for 2019 on the 2020 comparative income statement.
shares
eTextbook and Media
Compute the weighted-average number of common shares used in computing earnings per common share for 2020 on the 2020 comparative income statement.
shares
eTextbook and Media
Compute the weighted-average number of common shares to be used in computing earnings per common share for 2020 on the 2021 comparative income statement.
shares
eTextbook and Media
Compute the weighted-average number of common shares to be used in computing earnings per common share for 2021 on the 2021 comparative income statement.
shares
eTextbook and Media
Save for Later
Tamarisk Inc. uses a calendar year for financial reporting. The company is authorized to issue 8,480,000 shares of $10 par common stock. At no time has Tamarisk issued any potentially dilutive securities. Listed below is a summary of Tamarisks common stock activities.
1. | Number of common shares issued and outstanding at December 31, 2018 | 1,900,000 | ||
2. | Shares issued as a result of a 10% stock dividend on September 30, 2019 | 190,000 | ||
3. | Shares issued for cash on March 31, 2020 | 2,130,000 | ||
Number of common shares issued and outstanding at December 31, 2020 | 4,220,000 | |||
4. | A 2-for-1 stock split of Tamarisks common stock took place on March 31, 2021 |
Compute the weighted-average number of common shares used in computing earnings per common share for 2019 on the 2020 comparative income statement.
shares |
eTextbook and Media
Compute the weighted-average number of common shares used in computing earnings per common share for 2020 on the 2020 comparative income statement.
shares |
eTextbook and Media
Compute the weighted-average number of common shares to be used in computing earnings per common share for 2020 on the 2021 comparative income statement.
shares |
eTextbook and Media
Compute the weighted-average number of common shares to be used in computing earnings per common share for 2021 on the 2021 comparative income statement.
shares |
eTextbook and Media
Save for Later
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