Multiple Choice
Jimbo Co.began operations Jan.1,2014.The following events related to common stock took place on the indicated dates during 2014. Jan.1 Issued 5,000 common shares
Apr) 1 Purchased 400 treasury shares
May 1 Split 2-for-1
Aug) 1 Issued 2,000 common shares
Dec) 1 Issued a 20% stock dividend
Assuming no potentially dilutive securities,what are the weighted average shares for EPS in 2014? (Do not round intermediate calculations.Round your final answer to nearest whole number.)
A) 12,280 shares
B) 10,233 shares
C) 6,640 shares
D) 12,080 shares
Correct Answer:
Verified
Correct Answer:
Verified
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