Current Attempt in Progress
Swiftylnc. uses a calendar year for financial reporting. Thecompany is authorized to issue shares of $ par common stock. At no time has Swifty issued any potentially dilutive securities Listed below is a summary of Swifty'scommon stock activities.
Number of commen shares issued and outstanding at Derember
Sharesissued as a result of a stock dividend on September
Shares issued for cash on March
Number of common shares issued and outstanding at December
Afor stocksplit of Swifty'scommon stock took placeon March
a
Compute the weightedaverage number of common shares used in computingearnings per common share for on the comparativeincomestatement.
shares