West, Inc. determined the following information concerning its common stock during 2016:
January 1 80,000 shares outstanding
April 1 Issued a 20% stock dividend
July 1 Issued an additional 2,900 shares October 1 Issued a 2-for-1 stock split December 1 Reacquired 5,000 shares
Required:
What should West, Inc. use as the denominator for its basic earnings per share calculation for 2016? If necessary, ro number.

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The Answer of West, Inc. determined the following information concerning its common stock during 2016:
January 1 80,000 shares outstanding
April 1 Issued a 20% stock dividend
July 1 Issued an additional 2,900 shares October 1 Issued a 2-for-1 stock split December 1 Reacquired 5,000 shares
Required:
What should West, Inc. use as the denominator for its basic earnings per share calculation for 2016? If necessary, ro number.

West, Inc Determined the Following Information Concerning Its Common Stock During