The following information is available for Barone Corporation: January 1, 2015 Shares outstanding 2,000,000 April 1, 2015 Shares issued 320,000 July 1, 2015 Treasury shares purchased 120,000 October 1, 2015 Shares issued in a 50% stock dividend 2,200,000 The number of shares to be used in computing earnings per common share for 2015 is a. 3,270,000. b. 3,380,000. c. 2,360,000. d. 4,360,000.

The following information is available for Barone Corporation: January 1, 2015 Shares outstanding 2,000,000 April 1, 2015 Shares issued 320,000 July 1, 2015 Treasury shares purchased 120,000 October 1, 2015 Shares issued in a 50% stock dividend 2,200,000 The number of shares to be used in computing earnings per common share for 2015 is a. 3,270,000. b. 3,380,000. c. 2,360,000. d. 4,360,000.

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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