Question
Vaughn Corporation had270,000shares of common stock outstanding on January 1, 2017. On May 1, Vaughn issued27,000shares. (a) Compute the weighted-average number of shares outstanding if
Vaughn Corporation had270,000shares of common stock outstanding on January 1, 2017. On May 1, Vaughn issued27,000shares.
(a)Compute the weighted-average number of shares outstanding if the27,000shares were issued for cash.
Weighted-average number of sharesoutstanding$
(b)Compute the weighted-average number of shares outstanding if the27,000shares were issued in a stock dividend.
Weighted-average number of sharesoutstanding
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Accounting for Decision Making and Control
Authors: Jerold Zimmerman
9th edition
125956455X, 978-1259564550
