UCSD Calculating Weighted Average Shares Outstanding Questions

DescriptionACCTG 334 – Intermediate Accounting II
Spring 2023
Chapter 19 Exam
25-April-2023
Last Name:
First Name:
Red ID:
This is your worksheet for the exam. To receive credit for the exam problem, you must
complete these worksheets. Please note that you may not need all sections of the worksheet to
complete the exam problem.
..
Required: Calculate Weighted Average Shares Outstanding
Required: Calculate Basic EPS
Net income
Preferred dividends paid
Income available to common stockholders (IACS)
Weighted average common shares
Basic EPS
Required: Calculate diluted EPS
Item
IACS
Diluted EPS
Shares
EPS
Error Problem #1 – Simplified J/E
DR/CR
Account Name
Amount
Error Problem #2 – Simplified J/E
DR/CR
Account Name
Amount
Error Problem #3 – Simplified J/E
DR/CR
Account Name
Amount
Error Problem #4 – Simplified J/E
DR/CR
Account Name
Amount
Statement of Cash Flows
For the Year Ended December 31, 2024
Cash flows from operating activities
Net income
Adjustments for noncash effects:
Changes in operating assets and liabilities:
Net cash provided (used) by operating activities
Cash flows from investing activities
Net cash from Investing Activities
Cash flows from financing activities
Net cash from Financing Activities
Net Cash Flows
Cash Balance – Jan 1, 2024
Cash Balance – Dec 31, 2024

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