go mc uses a calendar year for financial reporting. The company is authorized toissue 8,810.000 shares of $12 par common stock At no timehas Indigo issued any potentially dilutive securities Listed below is a summary of Indigo's common stock activities. 1. Number of common shares issued and outstanding at December 31. 2018 1,850,000 2. Shares issued as a result of a 12% stock dividend on September 30, 2019 222,000 3. Shares issued for cash on March 31, 2020 2,180,000 4,252,000 Number of common shares issued and outstanding at December 31, 2020 A 2-for-1 stock split of Indieo's common stock took place on March 31, 2021
go mc uses a calendar year for financial reporting. The company is authorized toissue 8,810.000 shares of $12 par common stock At no timehas Indigo issued any potentially dilutive securities Listed below is a summary of Indigo's common stock activities. 1. Number of common shares issued and outstanding at December 31. 2018 1,850,000 2. Shares issued as a result of a 12% stock dividend on September 30, 2019 222,000 3. Shares issued for cash on March 31, 2020 2,180,000 4,252,000 Number of common shares issued and outstanding at December 31, 2020 A 2-for-1 stock split of Indieo's common stock took place on March 31, 2021
Chapter1: Financial Statements And Business Decisions
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mungo inc. uses a calendar year for financial reporting. The company is authorized to issue 8.810,000 shares of $12 par common stock.
ALIO timehas Indigo issued any potentially dilutive securities, Listed below is a surmmary of Indigo's common stock activities.
1.
Number of common shares issued and outstanding at December 31. 2018
1,850,000
2.
Shares issued as a result of a 12% stock dividend on September 30, 2019
222,000
Shares issued for cash on March 31, 2020
2,180,000
3.
Number of common shares isued and outstanding at December 31, 2020
4,252,000
4.
A 2-for-1 stock split of Indigo's common stock took place on March 31, 2021
(a)
Compute the weighted-average number of common shares used in computing earnings per common share for 2019 on the 2020
comparative income statement.
shares
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