FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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Weighted Average Shares
Howard Corporation had 10,000 shares of common stock outstanding at the
beginning of the year. On July 1, it issued 5,000 shares, and on September 1, it
reacquired 600 shares as treasury stock. What is the weighted average number
of common shares Howard will use in computing its earnings per share?
Total weighted average shares:
shares
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Transcribed Image Text:Weighted Average Shares Howard Corporation had 10,000 shares of common stock outstanding at the beginning of the year. On July 1, it issued 5,000 shares, and on September 1, it reacquired 600 shares as treasury stock. What is the weighted average number of common shares Howard will use in computing its earnings per share? Total weighted average shares: shares
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