Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. on january 1, 2018, oriole corp. had 491,000 share

On January 1, 2018, Oriole Corp. had 491,000 shares of common stock outstanding. During 2018,...

70.2K

Verified Solution

Question

Accounting

On January 1, 2018, Oriole Corp. had 491,000 shares of common stock outstanding. During 2018, it had the following transactions that affected the Common Stock account:

February 1 Issued 116,000 shares

March 1 Issued a 10% stock dividend

May 1 Acquired 96,000 shares of treasury stock

June 1 Issued a 3-for-1 stock split

October 1 Reissued 59,000 shares of treasury stock

Determine the weighted-average number of shares outstanding as of December 31, 2018.

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

Advance Math
1.2K views

How to prove that player I can always win a Nim game in which hte number...

Chemistry
1.2K views

In the Chemical Equilibrium experiment, the effect of interacting equilibria was studied using the following chemical reactions....

General Management
1.2K views

This is related Risks and Resilience in Supply Chains (1) Using a focal firm with which...

Physics
1.2K views

20x10 4 Two different instruments say guitar ar harmonium playing same music the sound appears...

Basic Math
1.2K views

Problem 4 25 pts Consider the brass alloy for which the stress strain behavior is...

Calculus
1.2K views

Use substitution to find the indefinite integral 5 5x 17 dx

Calculus
1.2K views

Use the substitution u 2x 3x to evaluate the indefinite integral below 4x 3 2x...

Algebra
1.2K views

Find the circumference Round to the nearest tenths place A 4 ft 30 B Use...

Accounting
1.2K views

(TCO G) What is an appropriate home office expense? Childcare...

Accounting
1.2K views

Midnight, Inc. incurred the following costs related to equipment purchased on January 1,2022: ...

Accounting
1.2K views

3. What does the term "audit evidence" encompass in the context of an audit process?

Accounting
1.2K views

In each case below, fill in the missing amount. Cek Cer 1 5,000 caltone Answer...