The beginning of 2019, hard and Company had 210,000 shares of $10 par common stock outstanding. During the year, engaged in the following transactions related to its common stock: march 1 issued 50,000 shares of stock at $24 per share. June 1 issued a 10% stock dividend. July 1 issue 12,000 shares of stock at $29 per share. August 31 issued a two for one stock split on outstanding shares, reducing the par value to five dollars per share. October 31 required 100,000 shares is treasury stock at a cost of $32 per share. November 30 re-issued 42,000 in treasury shares at a price of $35 per share determine the weighted average number of shares outstanding for computing The current earnings per share. Shares? determine the number of common shares outstanding at December 31, 2019. Shares?
The beginning of 2019, hard and Company had 210,000 shares of $10 par common stock outstanding. During the year, engaged in the following transactions related to its common stock:
march 1 issued 50,000 shares of stock at $24 per share.
June 1 issued a 10% stock dividend.
July 1 issue 12,000 shares of stock at $29 per share.
August 31 issued a two for one stock split on outstanding shares, reducing the par value to five dollars per share.
October 31 required 100,000 shares is
November 30 re-issued 42,000 in treasury shares at a price of $35 per share
determine the weighted average number of shares outstanding for computing The current earnings per share. Shares?
determine the number of common shares outstanding at December 31, 2019. Shares?
Stock dividend is a type of dividend which is provided to the shareholders. In this type, shareholders are issued additional shares rather than cash. Through this dividend, the number of shares outstanding increases and the price per share reduces.
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