Marigold Inc. uses a calendar year for financial reporting. The company is authorized to issue 8,770,000 shares of $10 par common
stock. At no time has Marigold issued any potentially dilutive securities. Listed below is a summary of Marigold's common stock
activities.
1. Number of common shares issued and outstanding at December 31, 2023 1,910,000
2. Shares issued as a result of a 10% stock dividend on September 30, 2024 191,000
3. Shares issued for cash on March 31, 2025 1,910,000
Number of common shares issued and outstanding at December 31, 2025 4,011,000
4. A 2-for-1 stock split of Marigold's common stock took place on March 31, 2026
(a)
Your answer is incorrect.
Compute the weighted-average number of common shares used in computing earnings per common share for 2024 on the 2025
comparative income statement.
shares
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(b)
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(c)
The parts of this question must be completed in order. This part will be available when you complete the part above.
(d)
