What is the weighted average shares outstanding to be used, Accounting Basics

What is the weighted average shares outstanding to be used

On January 1, 2014, Jay Company had 10,000 shares of $1 par common stock outstanding, and 4,000 shares of $100 par value, 7% cumulative, nonconvertible preferred stock. On April 1, 2014, Jay Company had a 2-for-1 stock split. On July 1, 2014, Jay Company issued 5,000 additional shares of common stock.

What is the weighted average shares outstanding to be used in basic earnings per share for 2014?

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Accounting Basics: What is the weighted average shares outstanding to be used

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Accounting Basics: What is the weighted average shares outstanding to be used

Reference No:- TGS0685827

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Recent Questions Asked Accounting Basics

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Request for Solution File

Ask an Expert for Answer!!

Accounting Basics: What is the weighted average shares outstanding to be used

Reference No:- TGS0685827

Recent Questions Asked Accounting Basics

Q : The monthly investment in fixed expenses

Q : Number of common shares outstanding during the period

Q : Income from the discharge of its debts

Q : What should fenton co report for diluted earnings

Q : What is the weighted average shares outstanding to be used

Q : Prepare the liability section of a classified balance

Q : The balance represented an award based

Q : How much credit a company should get for cooperating

Q : How much were expenses for the year

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