Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. xyz company had the following shares outstanding d

XYZ Company had the following shares outstanding during the year: 100,000 shares from January...

70.2K

Verified Solution

Question

Accounting

XYZ Company had the following shares outstanding during the year:

  • 100,000 shares from January 1 to March 31
  • 150,000 shares from April 1 to September 30
  • 200,000 shares from October 1 to December 31

What is the weighted average number of common shares for the year?

a.

125,000

b.

175,000

c.

200,000

d.

150,000

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: Zin AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

Rollins Corporation’s target capital structure is 20 percent debt, 20 percent preferred stock, and 60 percent...

Finance
Q

The Rivoli Company has no debt outstanding and its financial position is given by the following...

Finance
Q

Identify basics and opportunities in entrepreneurship related to engineering

Mechanical Engineering
Q

The Research and Development Clinic at your organazation has decided to open one weekend a month...

General Management
Q

Problem 6-20 CVP Applications: Break-Even Analysis; Cost Structure; Target Sales [LO6-1, LO6-3, LO6-4, LO6-5, LO6-6, LO6-8] Northwood Company...

Accounting
Q

Osmosis is the movement of water toward concentrated solutes a True b False O O

Biology
Q

For an ideal gas the change in internal energy in a constant pressure process from...

Physics
Q

Use the graph of AABC with mildsegments DE EF and DF Show that DE is...

Geometry
Q

Review the websites of Biolea (http://www.biolea.gr/), Evian (www.evian.com), Ircon (www.ircon.org), Gulf Craft (www.gulfcraft.com), and discuss...

Accounting
Q

The payment of a liability increases assets and decreases liabilities. decreases assets and stockholders' equity....

Accounting
Q

I need help with my project for Principles of Accouting II I have listed...

Accounting
Q

Gaston Company is considering a capital budgeting project that would require a $2,000,000 investment in...

Accounting