On January 1, 2023, Winston Mining Corp. had 580,000 common shares issued and outstanding. On April 30,
Question:
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.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Fundamental Accounting Principles Volume 2
ISBN: 9781260881332
17th Canadian Edition
Authors: Kermit D. Larson, Heidi Dieckmann, John Harris
Question Posted: