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At the beginning of Year 9, Oh and No, Inc. had 20,000 shares of $5 par common stock outstanding. The following events affecting common stock occurred during the year:
April 1: Repurchased 5,000 shares of common stock to hold as treasury sharesNovember 1: Issued a 10% stock dividend
Question 1) The number of shares of Oh and No, Inc. common stock outstanding at 1/1/Y9 is:
Question 2) When tracking total shares outstanding, shares repurchased and held as treasury stock are:
Question 3) The number of new shares Oh and No, Inc. issued for the stock dividend is:
Question 4) The weighted average common shares outstanding (WACSOS) that Oh and No would use to calculate basic EPS at 12/31/Y9 is:
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