A Company Had the Following Amounts of Common Stock Outstanding

question 142

Multiple Choice

A company had the following amounts of common stock outstanding: 9,000 shares from January through April, 15,000 shares from May through October, and 25,000 shares from November through December. What is the weighted-average number of shares rounded to nearest dollar used in earnings per share calculations?

• A) 25,000
• B) 13,917
• C) 49,000
• D) 14,667

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