On january 1 2015 wilke corp had 538000 shares of common, Ask an Expert

Finance

On January 1, 2015, Wilke Corp. had 538,000 shares of common stock outstanding. During 2015, it had the following transactions that affected the Common Stock account.

February 1 Issued 138,000 shares

March 1 Issued a 10% stock dividend

May 1 Acquired 109,000 shares of treasury stock

June 1 Issued a 3-for-1 stock split

October 1 Reissued 79,200 shares of treasury stock Collapse question part

(a) Determine the weighted-average number of shares outstanding as of December 31, 2015. The weighted-average number of shares outstanding.

The weighted-average number of shares outstanding.

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92831155

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