Blake Distributors had 100,000 common shares outstanding at the beginning of the year, January 1. On May

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Blake Distributors had 100,000 common shares outstanding at the beginning of the year, January 1. On May 13, Blake distributed a 5% stock dividend. On August 1, 1,200 shares were retired. What is the weighted average number of shares for calculating EPS?

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Intermediate Accounting

ISBN: 9781259722660

9th Edition

Authors: J. David Spiceland, James Sepe, Mark Nelson, Wayne Thomas

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