Multiple Choice
JUNK BONDS Inc.began operations Jan.1,2014.The following events related to common shares took place on the indicated dates during 2014. Jan.1 Issued 25,000 common shares
Apr) 1 Purchased 4,000 treasury shares
May 1 Split the common shares 4-for-1
Aug) 1 Issued 20,000 common shares
Dec) 1 Issued a 25% stock dividend
Assuming no potentially dilutive securities,what is the weighted average shares for EPS in 2014?(Do not round intermediate calculations.Round your final answer to nearest whole number.)
A) 96,333 shares
B) 37,917 shares
C) 120,416 shares
D) 118,345 shares
Correct Answer:
Verified
Correct Answer:
Verified
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