Business, 16.10.2020 14:01, keke6361

On January 1, 2021, Marigold Corp. had 461,000 shares of common stock outstanding. During 2021, it had the following transactions that affected the Common Stock account. February 1 Issued 124,000 shares
March 1 Issued a 10% stock dividend
May 1 Acquired 104,000 shares of treasury stock
June 1 Issued a 3-for-1 stock split
October 1 Reissued 61,000 shares of treasury stock

Required:
Determine the weighted-average number of shares outstanding as of December 31, 2021.

Answers: 2

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On January 1, 2021, Marigold Corp. had 461,000 shares of common stock outstanding. During 2021, it h...