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The following information pertains to Grey Corp.'s outstanding stock for 2016: Common stock, $5 par value Shares outstanding, 1/1/2016 29740 2-for-1 stock split, 4/1/2016
The following information pertains to Grey Corp.'s outstanding stock for 2016: Common stock, $5 par value Shares outstanding, 1/1/2016 29740 2-for-1 stock split, 4/1/2016 Shares issued, 7/1/2016 7775 Preferred stock, $10 par value, 5% cumulative Shares outstanding, 1/1/2016 15146 What is the number of shares Grey should use to calculate 2016 basic earnings per share?
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Cost Accounting Traditions and Innovations
Authors: Barfield Jesse, Raiborn Cecily, Kinney Michael
4th edition
324026455, 978-0324026450
