On December 10, Daniel Co. split its stock 5-for-2 when the market value was P65 per share. Prior to the split, Daniel had 200,000 shares of P15 par value stock. After the split, Daniel's outstanding shares would be

Whispering Ltd. began its latest fiscal year on January 1, 2020, with 12,000 common shares outstanding. On April 1, Whispering sold 3,300 additional common shares. The company declared and issued a 20% stock dividend on June 1. On July 1, Whispering repurchased and cancelled 220 common shares. An additional 3,750 common shares were issued on September 1. On November 1, Whispering declared and issued a 2-for-one stock split. On December 1, Whispering issued an additional 120 shares. Following the fiscal year, Whispering declared and issued a 3-for-one stock split on February 1, 2021. The company issued its 2020 financial statements on March 10, 2021.Calculate the weighted average number of common shares that Whispering should use for calculating its EPS numbers for 2020. Weighted average number of common shares   Enter your answer in accordance to the question statement shares Please show how to calculate

Tutu Corp issues an 8% stock dividend to shareholders of record on July 8 at a time when the market price of the stock was $14 and although the shares were no par value, all 11,000,000 shares had been issued at $12. Multiple Choice a. Tutu would use the $14 and not the $12 as the basis for making its journal entries b. Choices a, b and c are all correct statements c. Tutu would debit Retained Earnings on the date of declaration d. Tutu would credit Stock Dividends on the date of declaration e. Choices a, b and c are all incorrect statements   Please avoid plagiarism and give proper explanation thanku