Questions: A) Compute the weighted-average number of common shares used in computing earnings per common...
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Accounting
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A) Compute the weighted-average number of common shares used in computing earnings per common share for 2019 on the 2020 comparative income statement.
B) Compute the weighted-average number of common shares used in computing earnings per common share for 2020 on the 2020 comparative income statement.
C) Compute the weighted-average number of common shares to be used in computing earnings per common share for 2020 on the 2021 comparative income statement.
D) Compute the weighted-average number of common shares to be used in computing earnings per common share for 2021 on the 2021 comparative income statement.
Swifty Inc. uses a calendar year for financial reporting. The company is authorized to issue 8,480,000 shares of $10 par common stock. At no time has Swifty issued any potentially dilutive securities. Listed below is a summary of Swifty's common stock activities. 1. 2. Number of common shares issued and outstanding at December 31, 2018 Shares issued as a result of a 10% stock dividend on September 30, 2019 Shares issued for cash on March 31, 2020 Number of common shares issued and outstanding at December 31, 2020 A 2-for-1 stock split of Swifty's common stock took place on March 31, 2021 1,900,000 190,000 2,130,000 4,220,000 3. 4Get Answers to Unlimited Questions
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