On January 1,2023, Cruise Company had 100,000 shares of common stock outstanding, during 2023, it...
50.1K
Verified Solution
Link Copied!
Question
Accounting
On January 1,2023, Cruise Company had 100,000 shares of common stock outstanding, during 2023, it had the following transaction affected the common stock account. April 1, 2023quad Issued 40,000 shares June 1, 2023quad Declared a 40% stock Dividend October 1, 2023 Declared 2- for -1 split December 1,2023 Issued 60,000 shares Determine the weighted average number of shares outstanding as of December 31, 2023
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!
Other questions asked by students
StudyZin's Question Purchase
1 Answer
$0.99
(Save $1 )
One time Pay
- No Ads
- Answer to 1 Question
- Get free Zin AI - 50 Thousand Words per Month
Best
Unlimited
$4.99*
(Save $5 )
Billed Monthly
- No Ads
- Answers to Unlimited Questions
- Get free Zin AI - 3 Million Words per Month
*First month only
Free
$0
- Get this answer for free!
- Sign up now to unlock the answer instantly
You can see the logs in the Dashboard.