The following information is available for Barone Corporation: January 1, 2022         Shares outstanding                                   1,250,000 April 1, 2022              Shares issued                                                200,000 July 1, 2022               Treasury shares purchased                             75,000 October 1, 2022       Shares issued in a 100% stock dividend  1,375,000 The number of shares to be used in computing earnings per ordinary share for 2022 is

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
Chapter16: Retained Earnings And Earnings Per Share
Section: Chapter Questions
Problem 18P
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The following information is available for Barone Corporation:

January 1, 2022         Shares outstanding                                   1,250,000
April 1, 2022              Shares issued                                                200,000
July 1, 2022               Treasury shares purchased                             75,000
October 1, 2022       Shares issued in a 100% stock dividend  1,375,000

The number of shares to be used in computing earnings per ordinary share for 2022 is

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