when you get to 2004 - you need to look at the total # of shares. not the WASO of 55.
total # of shares up to that point in time = 50 + 20 = 70
CP作者: brk1yn 时间: 2011-7-11 18:37 标题: Calculating outstanding common shares
Zimmer Co. had the following common shares outstanding:
January 1, 2003: 50,000
October 1, 2003: Issued 20,000 shares
March 1, 2004: Issued a 10% stock dividend
July 1, 2004: Declared a 2 for 1 stock split
October 1, 2004: Repurchased 30,000 shares
Calculate the weighted average number of common shares outstanding for 2003 and 2004.
2003 2004
A) 55,000 146,500
B) 55,000 124,500
C) 10,000 124,000
