The following common stock share information is available for Praise Corporation:
Shares
January 1, 2025 Shares Outstanding 1,000,000
June 1 2025 Shares Issued for Cash 200,000
October 1, 2025 Issued a 2-for-1 Stock Split 1,200,000
Praise Corporations 2025 weighted-average shares outstanding is
a.
2,400,000.
b.
2,233,333.
c.
1,200,000.
d.
2,200,000.
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