Weighted Average Shares
At the beginning of Year Hardin Company had shares of $ par common stock outstanding. During the year, it engaged in the following transactions related to its common stock:
Mar. Issued shares of stock at $ per share.
June Issued a stock dividend.
July Issued shares of stock at $ per share.
Aug. Issued a for stock split on outstanding shares, reducing the par value to $ per share.
Oct. Reacquired shares as treasury stock at a cost of $ per share.
Nov. Reissued treasury shares at a price of $ per share.
Required:
Determine the weighted average number of shares outstanding for computing the current earnings per share. Round your interim computations and final answer for the number of shares to nearest whole number.
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Determine the number of common shares outstanding at December Year
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