8) The following information is available for ABC Corporation: January 1, 2021 Shares outstanding 4,000,000 April 1, 2021 Shares issued 640,000 October 1, 2021 Treasury shares purchased 240,000 December 1, 2021 Shares issued in a 100% stock dividend 4,400,000 The number of shares to be used in computing earnings per common share for 2021 is?
8) The following information is available for ABC Corporation: January 1, 2021 Shares outstanding 4,000,000 April 1, 2021 Shares issued 640,000 October 1, 2021 Treasury shares purchased 240,000 December 1, 2021 Shares issued in a 100% stock dividend 4,400,000 The number of shares to be used in computing earnings per common share for 2021 is?
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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8) The following information is available for ABC Corporation:
January 1, 2021 Shares outstanding 4,000,000
April 1, 2021 Shares issued 640,000
October 1, 2021 Treasury shares purchased 240,000
December 1, 2021 Shares issued in a 100% stock dividend 4,400,000
The number of shares to be used in computing earnings per common share for 2021 is?
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