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Tomba Corporation had 372,900 shares of common stock outstanding on January 1, 2014. On May 1, Tomba issued 35,700 shares. Compute the weighted-average number of
Tomba Corporation had 372,900 shares of common stock outstanding on January 1, 2014. On May 1, Tomba issued 35,700 shares. Compute the weighted-average number of shares outstanding if the 35,700 shares were issued for cash. Weighted-average number of shares outstanding $ Compute the weighted-average number of shares outstanding if the 35,700 shares were issued in a stock dividend. Weighted-average number of shares outstanding $ Click if you would like to Show Work for this
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