Given the Following Sequence of Events,determine the Weighted Average Number

question 107

Multiple Choice

Given the following sequence of events,determine the weighted average number of shares for earnings per share purposes: January 1 100 common shares issued and outstanding
April 1 issued 50 previously unissued shares
May 1 split the stock 2-for-1
June 30 purchased 100 shares for the treasury
July 30 distributed a 20% stock dividend
December 31 Split the stock 3-for-1

• A) 1,125
• B) 475
• C) 270
• D) 810

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Definitions:

Stockout

A situation where the demand for a product exceeds its supply in inventory, resulting in an inability to meet customer demand.

Annual Holding Cost

the total expense incurred from storing and maintaining inventory over a year, including warehousing, depreciation, and insurance costs.

Order Quantity

The number of units of a product ordered for production or purchase at one time.

Probability Of A Stockout

The probability of a stockout refers to the likelihood of an item being unavailable for sale or use due to inadequate inventory levels, often impacting customer satisfaction.