Calculate the weighted average number of shares for the following Shares outstanding 100,000 Date Shares changes Beginning balance 20,000 shares issued 50% stock dividend 50,000 shares issued Year end balance 1-Jan-07 1-Apr-07 1-Jun 07 1-0ct-07 31-Dec-07 120,000 180,000 230,000 230,000

Calculate the weighted average number of shares for the following Shares outstanding 100,000 Date Shares changes Beginning balance 20,000 shares issued 50% stock dividend 50,000 shares issued Year end balance 1-Jan-07 1-Apr-07 1-Jun 07 1-0ct-07 31-Dec-07 120,000 180,000 230,000 230,000

Intermediate Accounting: Reporting And Analysis

3rd Edition

ISBN:9781337788281

Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach

Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach

Chapter15: Contributed Capital

Section: Chapter Questions

Problem 16P: Treasury Stock, Cost Method Bush-Caine Company reported the following data on its December 31, 2018,...

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Question

) Calculate the weighted average number of shares for the following
Shares outstanding
100,000
Date
Shares changes
Beginning balance
20,000 shares issued
50% stock dividend
50,000 shares issued
1Jan-07
120,000
180,000
230,000
230,000
1-Apr-07
1.Jun-07
1-0ct-07
31-Dec-07
Year end balance

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