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Itsjazzyyy001
Itsjazzyyy001
11.05.2021 • 
Business

The following information pertains to J Company's outstanding stock for 2018: Common stock, $1 par Shares outstanding, 1/1/2018: 10,000 2 for 1 stock split, 4/1/2018: 10,000 Shares issued, 7/1/2018: 5,000 Preferred stock, $100 par, 7% cumulative Shares outstanding, 1/1/2018: 4,000 What is the number of shares J should use to calculate 2018 basic earnings per share? Group of answer choices 27,000. 22,500. 25,000. 20,000.

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