What the weighted-average number of shares to be used in, Ask an Expert

Accounting

The following information is available for Packard Corporation:

January 1, 2013 Shares outstanding 1,500,000
April 1, 2013 Treasury shares purchased 100,000
October 1, 2013 Shares issued in a 100% stock dividend 1,400,000

what the weighted-average number of shares to be used in computing earnings per common share for 2013 is?

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M942241

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