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Weighted Average Common Shares and EPS Toys Corporation reported that the following changes in common shares outstanding occured during the year 2019. January 1 60,000
Weighted Average Common Shares and EPS
Toys Corporation reported that the following changes in common shares outstanding occured during the year 2019.
January 1 60,000 common shares were outstanding on January 1st, 2019 April 1st issued 50,000 commom shares.
required:
a. Calculate the weighted-average number of common shares outstanding during the year 2019.
b. Toys earnings for the year 2019 amounted to $985,000. (Hint: remember you have already calculayed the # of shares above). Calculate the EPS.
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Final Work On Internal Audit Internal Audit And Its Management
Authors: Silvia Mamani
1st Edition
6203099651, 978-6203099652
