Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. 22) green company had the following activity in co

22) Green Company had the following activity in common stock during 2020. January 1...

90.2K

Verified Solution

Question

Accounting

22) Green Company had the following activity in common stock during 2020.

January 1 120,000 shares issued and outstanding

March 1 issued 24,000 shares for cash

July 1 purchased 12,000 shares as treasury stock

Nov. 1 issued 48,000 for cash

Dec. 31 declared and issued a 10% stock dividend

What is the weighted average shares outstanding to be used in the calculation for earnings per share?

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Biology
1.2K views

O tangible liquid assets O intangible liquid assets O tangible and intangible liquids assets tangible...

Basic Math
1.2K views

complete this problem Find the slope of the line kol 4 22 6 2 2...

Finance
1.2K views

Required: Return on Equity (ROE) is used, and some say “abused” when measuring the financial performance of...

Biology
1.2K views

Cancers that are associated with an infectious agent may also be independently associated with one...

Physics
1.2K views

9 A hole is drilled in a copper sheet The diameter of the hole is...

Geometry
1.2K views

Find the area of the following rectangle.Write your answer in simplest form.Be sure to include...

Accounting
1.2K views

Certain adjustments and recording. Have been changed in cases where an S Corporation revokes...

Accounting
1.2K views

Bill operates a proprietorship using the cash method of accounting, and this year he received...

Accounting
1.2K views

On January 1, Sage Hill inc. sold used equipment with a cost of $13,200 and...

Finance
1.2K views

a)Explain why one dollar today in general would be more valuable than one dollar in...

Finance
1.2K views

Masters Machine Shop is considering a four-year project to improve its production efficiency. Buying a...

Finance
1.2K views

Problem 1: (10 points) Two stage Options A stock price is currently $50. Over each...