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Compute the weighted average number of shares outstanding

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Reference no: EM132563217

BC corp. common share account shows the following transaction during 2020:

Share capital activity for the Year Shares

Jan. 1 Beginning balance common shares 100,000

Apr. 1 Issued 20,000 common shares 20,000

May 1, Issued 5,000 cumulative $1 preferred shares 5,000

Jun. 1 Purchased and cancel 20,000 common shares 20,000

Oct. 1 10% stock dividend ?

Nov.1 Issued 10,000 common shares 10,000

Dec.1 declare 1:3 stock split ?

Instruction:

Question 1) Compute the Weighted Average Number of Shares Outstanding at the end of 2020?

Reference no: EM132563217

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