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Vaughn Corporation began its latest fiscal year on January 1,2023 , with 530,000 common shares outstanding. During the year, the following events occurred: - On
Vaughn Corporation began its latest fiscal year on January 1,2023 , with 530,000 common shares outstanding. During the year, the following events occurred: - On February 1, Vaughn sold 13,800 additional common shares. - The company declared and issued a 25% stock dividend on March 1. - On June 1, Vaughn repurchased and cancelled 3,450 common shares. - An additional 4,700 common shares were issued on July 1. - On September 1, Vaughn declared and issued a three-for-one stock split. - On December 1, Vaughn issued an additional 14,100 shares. - Following the fiscal year, Vaughn declared and issued a two-for-one stock split on February 1, 2024. The company issued its 2023 financial statements on April 30, 2024. Calculate the weighted average number of common shares that Vaughn should use for calculating its EPS numbers for 2023. Weighted average number of common shares
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