Business
Business, 24.10.2019 04:50, leahstubbs

On january 1, 2018, gridley corporation had 375.000 shares of its $2 par value common stock outstanding. on march 1, gridley sold an additional 750.000 shares on the open market at $20 per share. gridley issued a 20% stock dividend on may 1. on august 1, gridley purchased 420.000 shares and immediately retired the stock. on november 1, 600.000 shares were sold for $25 per share. what is the weighted-average number of shares outstanding for 2018? 1, 530,000 1, 125,000 7, 16, 665 516, 666

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