Bluff, Inc.’s stock transactions during the year were as follows:
- January 1 90,000 common shares outstanding.
- April 1 20% stock dividend is declared and issued.
- October 1 10,000 shares are reacquired as treasury stock.
What is Bluff’s weighted average number of shares outstandingduring the year?
A. 98,000.
B. 101,000.
C. 105,500.
答案:
| Initial shares: 90,000 × 1.20 = | 108,000 |
| – Reacquired treasury shares: 10,000 × 3/12 = | –2,500 |
| 105,500 |
那个Initial share为啥要乘以1.2呢?求解。。