What number of shares will be used, Accounting Basics

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What number of shares will be used

On January 1, 2002, Huga Corporation had 100,000 shares of $5 par value common stock outstanding. On March 31, 2002, Huga issued an additional 8,000 shares in exchange for a building. What number of shares will be used in the computation of basic EPS for the year 2002?

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Accounting Basics: What number of shares will be used

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Accounting Basics: What number of shares will be used

Reference No:- TGS040327

Have a Question? (oR Write a Review)

Recent Questions Asked Accounting Basics

Q : How many years take before machine becomes profitable

Q : Describe the international monetary system

Q : Internal auditing issue

Q : What number of shares will be used

Q : Computing nal

Q : Find investor-s adjusted tax basis in the remaining asset

Q : Compute earnings per share for 2002

Q : Determine the annual depreciation allowance for first year

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Request for Solution File

Ask an Expert for Answer!!

Accounting Basics: What number of shares will be used

Reference No:- TGS040327

Recent Questions Asked Accounting Basics

Q : How many years take before machine becomes profitable

Q : Describe the international monetary system

Q : Internal auditing issue

Q : What number of shares will be used

Q : Computing nal

Q : Find investor-s adjusted tax basis in the remaining asset

Q : Compute earnings per share for 2002

Q : Determine the annual depreciation allowance for first year

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