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VIEW Folcles Show Attempt History Current Attempt in Progress Carla Inc uses a calendar year for financial reporting. The company is authorized to issue 9.510,000
VIEW Folcles Show Attempt History Current Attempt in Progress Carla Inc uses a calendar year for financial reporting. The company is authorized to issue 9.510,000 shares of $10 par common stock At no time has Carla issued any potentially dilutive securities. Listed below is a summary of Carla's common stock activities. 1 Number of common shares issued and outstanding at December 31, 2018 2,060,000 2 Shares issued as a result of a 10% stock dividend on September 30, 2019 206.000 3 Shares issued for cash on March 31, 2020 1.890,000 Number of common shares issued and outstanding at December 31, 2020 4.156.000 A 2-for-1 stock split of Carla's common stock took place on March 31. 2021 (a) Your answer is correct. Compute the weighted average number of common shares used in computing earnings per common share for 2019 on the 2020 comparative income statement. 2266000 shares e Textbook and Media Attempts: 1 of 2 used (b) X Your answer is incorrect. Compute the weighted average number of common shares used in computing earnings per common share for 2020 on the 2020 comparative income statement. 1081500 shares e Textbook and Media Attempts: 2 of 2 used (c) X Your answer is incorrect. Compute the weighted average number of common shares to be used in computing earnings per common share for 2020 on the 2021 comparative income statement. 9351000 shares (d) Compute the weighted-average number of common shares to be used in computing earnings per common share for 2021 on the 2021 comparative income statement. shares e Textbook and Media Attempts: 0 of 2 used Submit Answer Save for Later Using multiple attempts will impact your score
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