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Your answer is incorrect. Whispering Ltd. began its latest fiscal year on January 1, 2023, with 11,000 common shares outstanding. On April 1, Whispering
Your answer is incorrect. Whispering Ltd. began its latest fiscal year on January 1, 2023, with 11,000 common shares outstanding. On April 1, Whispering sold 3,600 additional common shares. The company declared and issued a 20% stock dividend on June 1. On July 1, Whispering repurchased and cancelled 180 common shares. An additional 2,550 common shares were issued on September 1. On November 1, Whispering declared and issued a 2-for-one stock split. On December 1, Whispering issued an additional 120 shares. Following the fiscal year, Whispering declared and issued a 3-for-one stock split on February 1, 2024. The company issued its 2023 financial statements on March 10, 2024. Calculate the weighted average number of common shares that Whispering should use for calculating its EPS numbers for 2023. Weighted average number of common shares 13353 shares
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