- On January 1 2016 Jerry Co Had 25 000 Shares Of Common Stock Outstanding On April 1 2016 It Had A 10 Stock Dividen 1 (48.02 KiB) Viewed 10 times
On January 1, 2016, Jerry Co. had 25,000 shares of common stock outstanding. On April 1, 2016 it had a 10% stock dividen
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On January 1, 2016, Jerry Co. had 25,000 shares of common stock outstanding. On April 1, 2016 it had a 10% stock dividen
On January 1, 2016, Jerry Co. had 25,000 shares of common stock outstanding. On April 1, 2016 it had a 10% stock dividend. On October 1, 2017 it had a 4:1 stock split. Required: a. b. Determine the weighted average common stock outstanding used in the basic earnings per share computation at 12/31/2016. Determine the weighted average common stock outstanding used in the basic earnings per share computation at 12/31/2017. Jerry will be issuing comparative financial statements for 2016 and 2017. What number of shares should be used in the earnings per share computation for 2016 and 2017? Why? Edit View Insert Format Tools Table 12pt Paragraph BIU A v T²V