What is the appropriate number of shares to be used, Accounting Basics

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What is the appropriate number of shares to be used

On December 31, 2010, Beta Company had 280,000 shares of common stock issued and outstanding. Beta issued a 7% stock dividend on June 30, 2011. On September 30, 2011, 31,000 shares of common stock were reacquired as treasury stock. What is the appropriate number of shares to be used in the basic earnings per share computation for 2011?

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Accounting Basics: What is the appropriate number of shares to be used

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Accounting Basics: What is the appropriate number of shares to be used

Reference No:- TGS0720033

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Recent Questions Asked Accounting Basics

Q : Describe an appropriate option pricing model

Q : What effect did this increase have on moon statement

Q : What amount of dividends will a shareholder owning

Q : How much power in hp is being transferred by engine

Q : What is the appropriate number of shares to be used

Q : Estimate for the mean concession total

Q : Calculate the average resistance to penetration

Q : What is diluted eps

Q : Determine the sample proportion

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Request for Solution File

Ask an Expert for Answer!!

Accounting Basics: What is the appropriate number of shares to be used

Reference No:- TGS0720033

Recent Questions Asked Accounting Basics

Q : Describe an appropriate option pricing model

Q : What effect did this increase have on moon statement

Q : What amount of dividends will a shareholder owning

Q : How much power in hp is being transferred by engine

Q : What is the appropriate number of shares to be used

Q : Estimate for the mean concession total

Q : Calculate the average resistance to penetration

Q : What is diluted eps

Q : Determine the sample proportion

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