Business, 18.03.2021 01:20 hannahbrown889

On January 1st, 2020, Baker Pump Corporation had 100,000 shares of common stock outstanding. On March 1st the corporation issued 50,000 additional common shares to raise cash. On July 1st, the corporation declared and issued a 4% stock dividend. On October 1st, the corporation purchased on the market 3,000 shares of its own outstanding stock. On November 30th, the corporation issued a 3:1 stock split. InstructionsCompute the weighted average number of shares to be used in computing earnings per share for 2020.

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On January 1st, 2020, Baker Pump Corporation had 100,000 shares of common stock outstanding. On Marc...

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