How can I buy/sell shares?

Need some assistance in weighted-average shares & Earnings per share?

• CORTEZ, INC. Income Statements 2003 2004 2005 Net sales $370,000 $425,000 $412,500 Operating expenses 232,500 260,000 245,500 Income from continuing operations $137,500 $165,000 $167,000 Loss on discontinued segment (52,500) - - Income before extraordinary items $85,000 $165,000 $167,000 Extraordinary gain (loss) - 33,000 (70,000) Net income $85,000 $198,000 $97,000 Changes in number of outstanding shares: Outstanding shares on December 31, 2002 40,000 2003: Treasury stock purchase on April 1 (4,000) Issuance of new shares on June 30 12,000 10% stock dividend on October 1 4,800 Outstanding shares on December 31, 2003 52,800 2004: Issuance of new shares on July 1 16,000 Treasury stock purchase on November 1 (4,800) Outstanding shares on December 31, 2004 64,000 2005: Issuance of new shares on August 1 20,000 Treasury stock purchase on September 1 (4,000) Three-for-one split on October 1 160,000 Outstanding shares on December 31, 2005 240,000 Check figures: (1) Shares $47,300 (2) EPS 2 (3) Shares 60,000 (4) EPS 3

• Answer:

  I can't get part 6 right, but in any case, I've sent you the file.