On January 1, 2015, Wilke Corp. had 538,000 shares of common stock outstanding. During 2015, it had the following transactions that affected the Common Stock account.
February 1 Issued 138,000 shares
March 1 Issued a 10% stock dividend
May 1 Acquired 109,000 shares of treasury stock
June 1 Issued a 3-for-1 stock split
October 1 Reissued 79,200 shares of treasury stock Collapse question part
(a) Determine the weighted-average number of shares outstanding as of December 31, 2015. The weighted-average number of shares outstanding.
The weighted-average number of shares outstanding.