This paper circulates around the core theme of On January 1, 2012, Warren Corporation had 1,000,000 shares of common stock outstanding. On March 1, the corporation issued 150,000 new shares to raise additional capital. On July 1, the corporation declared and issued a 2-for-1 stock split. On October 1, together with its essential aspects. It has been reviewed and purchased by the majority of students thus, this paper is rated 4.8 out of 5 points by the students. In addition to this, the price of this paper commences from £ 99. To get this paper written from the scratch, order this assignment now. 100% confidential, 100% plagiarism-free.
Weighted average shares outstanding.
On January 1, 2012, Warren Corporation had 1,000,000 shares of common
stock outstanding. On March 1, the corporation issued 150,000 new
shares to raise additional capital. On July 1, the corporation declared
and issued a 2-for-1 stock split. On October 1, the corporation
purchased on the market 600,000 of its own outstanding shares and
retired them.
Instructions
Compute the weighted average number of shares to be used in computing earnings per share for 2012.
