The following information is available for Barone Corporation:
|January 1, 2018||Shares outstanding||4,000,000|
|April 1, 2018||Shares issued||640,000|
|July 1, 2018||Treasury shares purchased||240,000|
|October 1, 2018||Shares issued in a 100% stock dividend||4,400,000|
The number of shares to be used in computing earnings per common share for 2018 is?
Earning Per Share:
The earning per share is the indicator of the performance of the company. The investor of the company always sees the earning per share to invest their funds into the company's shares. It is because the investors want to invest in such a company that has good earning per share as it is the return on their investment.
Answer and Explanation:
|Date||Particular||Total Share (a)||Weighted (b)||Weighted Share (a x b)|
|January 1, 2018||Shares outstanding...|
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fromChapter 9 / Lesson 4