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What are the calculation of Weighted average shares and earnings per share? Trial Balance Dec 1 2018 Common Stock, $1 par, 35,000 shares issued and
What are the calculation of Weighted average shares and earnings per share? | |||||||
Trial Balance Dec 1 2018 Common Stock, $1 par, 35,000 shares issued and outstanding | |||||||
Dec 4 2018 | Bought back 5000 shares of stock for $20 per share | ||||||
Dec 5 2018 | Issued 5000 share of restricted stock to it CFO. The stock has a fair value of $72000 | ||||||
The service period related to this restricted stock is 3 years. Vesting occurs if the CFO | |||||||
stays with the company for 3 years. The par value of the stock is $1 | |||||||
Dec 16 2018 | Issued 1000 shares of common stock at $16 per share | ||||||
Dec 24 2018 | Sold 2500 share of Treasury stock for $23 per share | ||||||
Dec 31 2018 | Declared dividends of $15,000 | ||||||
31-Dec | Net Income 315,253 from multistep Income Statement |
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