Neon Limited had 40,000 common shares on January 1, 2023. On April 1, 8,000 shares were repurchased.
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Neon Limited had 40,000 common shares on January 1, 2023. On April 1, 8,000 shares were repurchased. On August 31, 12,000 shares were issued. Calculate the number of shares outstanding at December 31, 2023, and the weighted average number of shares for 2023.
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Related Book For 
Intermediate Accounting Volume 1
ISBN: 9781119740469
13th Canadian Edition
Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield, Irene M. Wiecek, Bruce J. McConomy
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