单选题 Juniper Corp's stock transactions during the year 2004 were as follows: January 1 540000 shares issued and outstanding March 1 50 percent stock dividend July 1 180000 treasury shares reacquired October 1 60000 treasury shares reissued When computing for earnings per share (EPS) computation purposes, what was Juniper's weighted average number of shares outstanding during 2004?
【正确答案】 A
【答案解析】
The January 1 balance is adjusted retroactively for the stock dividend and (540000×1.5=) 810000 shares are treated as outstanding from January 1. The weighted average number of shares is computed by multiplying the shares by the number of months held, as follows:
January 1
Initial shares
(810000×12=)
9720000
July 1
Reacquired shares
(-180000×6=)
1080000
October 1
Reissued shares
(60000×3=)
{{U}}180000{{/U}}
8820000
Weighted average shares was (8820000/12) =735000 shares.