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Business, 13.08.2019 00:30 amalshibu

On december 1 of the current year, clay co. declared and issued a 6o/o stock dividend on its 100,000 sharesof outstanding common stock. there was no other common stock activity during the year. what number ofshares should clay use in determining basic earnings per share for the current year? a. 100,000b. 100,500c. 103,000d. 106,000

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On december 1 of the current year, clay co. declared and issued a 6o/o stock dividend on its 100,000...
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