alculated weighted average no. of shares

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
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100%

Calculated weighted average no. of shares.

Shares changes
Beginning balance
20,000 shares issued
Shares outstanding
100,000
120,000
Date
1-Jan-07
1-Apr-07
1-Jun-07
50% stock dividend
180,000
1-0ct-07
50,000 shares issued
230,000
31-Dec-07
Year end balance
230,000
Transcribed Image Text:Shares changes Beginning balance 20,000 shares issued Shares outstanding 100,000 120,000 Date 1-Jan-07 1-Apr-07 1-Jun-07 50% stock dividend 180,000 1-0ct-07 50,000 shares issued 230,000 31-Dec-07 Year end balance 230,000
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