JUNK BONDS Inc.
JUNK BONDS Inc. began operations Jan. 1, 2014. The following events related to common
shares took place on the indicated dates during 2014.
Jan. 1 Issued 25,000 common shares
Apr. 1 Purchased 4,000 treasury shares
May 1 Split the common shares 4-for-1
Aug. 1 Issued 20,000 common shares
Dec. 1 Issued a 25% stock dividend
Assuming no potentially dilutive securities, what is the weighted average shares for EPS in
2014?(Do not round intermediate calculations. Round your final answer to nearest whole
number.)
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