Q31. Crockett, Inc., had 100,000 shares of common stock outstanding on 1 January 2004. the company has no plans to issue additional shares or purchase. treasury shares during the year, but does plan either a two-for-one stock split or a 100 percent stock dividend on 1 July. The number of shares that will be used to determine earnings per share at 31 December 2004, if the company used the two-for-one stock or 100 percent stock dividend, respectively, is closest to; Two-for-one stock split 100percent stock dividend A. 150,000 150,000 . B. 150,000 200,000 C. 200,000 150,000 D. 200,000 200,000
答案和详解如下：
Q31. D Study Session 8-39. c Stock dividends and stock splits are treated the same way for purposes of determining weighed average number of shares outstanding; the adjustment in the number of shares is made as if the stock split or dividend occurred at the beginning of the year.
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发表于 2007-11-7 09:51
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