PLEASE SHOW WORK TO WHERE NUMBERS COME FROM On January 1, 2018, Vermont Corporation had 375,000...
PLEASE SHOW WORK TO WHERE NUMBERS COME FROM
On January 1, 2018, Vermont Corporation had 375,000 shares of its $2 par value common stock outstanding. On March 1, Vermont sold an additional 750,000 shares on the open market at $20 per share. Vermont issued a 20% stock dividend on May 1. On August 1, Vermont purchased 420,000 shares and immediately retired the stock. On November 1, 600,000 shares were sold for $25 per share. What is the weighted-average number of shares outstanding for 2018?
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PLEASE SHOW WORK TO WHERE NUMBERS COME FROM
On January 1, 2018, Vermont Corporation had 375,000...
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