On January 1, Vendetta Company had 100,000 shares of common stock outstanding. On February 1, it issued
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On January 1, Vendetta Company had 100,000 shares of common stock outstanding. On February 1, it issued 20,000 additional shares of common stock. On June 1, it issued another 40,000 shares of Weighted-average shares common stock. Compute Vendetta’s weighted-average shares outstanding for the calendar year.
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