On January 1, 2023, Winston Mining Corp. had 580,000 common shares issued and outstanding. On April 30,

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On January 1, 2023, Winston Mining Corp. had 580,000 common shares issued and outstanding. On April 30, it issued an additional 220,000 shares, and on October 1 it repurchased and cancelled 100,000 shares. Calculate Winston’s weighted-average shares outstanding for the year ended December 31, 2023. Round calculations to the nearest whole share.

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Fundamental Accounting Principles Volume 2

ISBN: 9781260881332

17th Canadian Edition

Authors: Kermit D. Larson, Heidi Dieckmann, John Harris

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