What should be temper weighted average shares outstanding

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Temper, Inc. had the following transactions pertaining to ordinary shares during 2020:

January 1 ordinary shares outstanding 30,000

February 1 issued 10% ordinary share dividend 3,000

March 1 issued for cash 9,000

July 1 issued for cash 8,000

TOTAL December 31 50,000

Problem 1: What should be Temper's 2020 weighted average shares outstanding?

a. 40,000

b. 44,250

c. 44,500

d. 46,000

Reference no: EM132673660

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