Intermediate Accounting: Reporting And Analysis
3rd Edition
ISBN: 9781337788281
Author: James M. Wahlen, Jefferson P. Jones, Donald Pagach
Publisher: Cengage Learning
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Textbook Question
Chapter 16, Problem 6MC
For purposes of computing the weighted average number of shares outstanding during the year, a midyear event that must be treated as occurring at the beginning of the year is the:
- a. issuance of stock warrants
- b. purchase of
treasury stock - c. sale of additional common stock
- d. declaration and issuance of a stock dividend
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For puposes of computing the weighted average number of shares outstanding during the year, a midyear event that must be treated as occurring at the beginning of the year is the: a. issuance of stock warrants b. purchase of treasury stock c. sale of additional common stock d. declaration and issuance of a stock dividend
In computations of weighted average of shares outstanding, when a stock dividend or stock split occurs, the additional shares are
weighted by the number of days outstanding.
weighted by the number of months outstanding.
considered outstanding at the beginning of the year.
considered outstanding at the beginning of the earliest year reported.
In computations of weighted average of shares outstanding, when a stock dividend or stock split occurs, the additional shares are
a. considered outstanding at the beginning of the reporting period
b. weighted by the number of months outstanding.
c. considered outstanding at the payment date.
d. weighted by the number of days outstanding.
Chapter 16 Solutions
Intermediate Accounting: Reporting And Analysis
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Stockholders Equity: How to Calculate?; Author: Accounting University;https://www.youtube.com/watch?v=2jZk1T5GIlw;License: Standard Youtube License