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stock split date and time fraction Hi , I was able to...

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Accounting

stock split date and time fraction

imageHi , I was able to get around the same answer

However, to be able to under how 1/52 for repurchase shares on june 23 , is calculate ?

thanks

it must be a curb ball of trick

challenge accepted

MCQ-05108 X Co. had the following stock transactions during the fiscal year ended June 30 , Year 2 : What was X Co.'s weighted average number of shares outstanding at June 30 , Year 2 : A. 224,980 B. 151,040 C. 225,140 D. 251,040 Explanation sales and repurchases. Stock splits are handled as if they had occurred at the beginning of the year. The weighted average is computed as follows

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