Whispering Inc. uses a calendar year for financial reporting. The company is authorized to issue shares of $ par common
stock. At no time has Whispering issued any potentially dilutive securities Listed below is a summary of Whispering's common stock
activities.
Number of common shares issued and outstanding at December
Shares issued as a result of a stock dividend on September
Shares issued for cash on March
Number of common shares issued and outstanding at December
A for stock split of Whispering's common stock took place on March eTextbook and Media
Compute the weightedaverage number of common shares used in computing earnings per common share for on the
comparative income statement.
shares
eTextbook and Media
Compute the weightedaverage number of common shares to be used in computing earnings per common share for on the
comparative income statement.
shares