bdesde
Oct 25, 2008, 02:54 PM
I am having problems with computeing the weighted average of the common share outstanding for year 2008. Here in the information. Can anyone please help me.
Outstanding share on December 31, 2002 $40,000
2003
Treasury stock purchase on April 1 -$4,000
Issuance of new shares on June 30 +$12,000
10% stock dividened on October 1 + 4,800
Outstanding shares on December 31,2003 52,800
Outstanding share on December 31, 2002 $40,000
2003
Treasury stock purchase on April 1 -$4,000
Issuance of new shares on June 30 +$12,000
10% stock dividened on October 1 + 4,800
Outstanding shares on December 31,2003 52,800