The following information is available for Baton Corporation: January 1, 2021 Shares outstanding 4,000,000 April 1, 2021 Shares issued 640,000 July 1, 2021 Treasury shares purchased 240,000 October 1, 2021 2-for-1 Stock Split The number of weighted average shares outstanding between April 1, 2021 and July 1, 2021 is: O 2,320,000. O 8,720,000. 2,000,000 O 4.400,000

The following information is available for Baton Corporation: January 1, 2021 Shares outstanding 4,000,000 April 1, 2021 Shares issued 640,000 July 1, 2021 Treasury shares purchased 240,000 October 1, 2021 2-for-1 Stock Split The number of weighted average shares outstanding between April 1, 2021 and July 1, 2021 is: O 2,320,000. O 8,720,000. 2,000,000 O 4.400,000

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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