Question
Tomba Corporation had 300,000 shares of common stock outstanding on January 1, 2017. On May 1, Tomba issued 30,000 shares. A.Compute they issued the weighted
Tomba Corporation had 300,000 shares of common stock outstanding on January 1, 2017. On May 1, Tomba issued 30,000 shares.
A.Compute they issued the weighted average shares assuming the 30,000 shares for cash
B. Compute the again assuming they issued the 30,000 shares in a stock dividend.
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The Power Of Accounting What The Numbers Mean And How To Use Them
Authors: Lawrence Lewis
1st Edition
0415884306, 978-0415884303
