On January 1, the company had 200,000 common shares outstanding. On April 1, the company issued 60,000

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On January 1, the company had 200,000 common shares outstanding. On April 1, the company issued 60,000 additional shares. On August 1, the company reacquired 100,000 shares. What was the weighted-average number of shares outstanding for the year?

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Intermediate Accounting

ISBN: 978-0538479738

18th edition

Authors: Earl K. Stice, James D. Stice

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Question Posted: Nov 28, 2016 11:24 AM

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On January 1, the company had 200,000 common shares outstanding. On April 1, the company issued 60,000

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Intermediate Accounting

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