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a) Calculate the profit available to common shareholders. b) calculate the weighted average number of common shares for the year. Question 12 Swifty Limited reported

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a) Calculate the profit available to common shareholders.
b) calculate the weighted average number of common shares for the year.
Question 12 Swifty Limited reported profit of $447,150 foris November 30, 2021 year end. Cash dividends of $64.300 on the common shares and 169,100 on the noncurative preferred shares were declared and paid during the year. The following information is available regarding Swift's common shares Det: 1, 2020 The opening number of common shares was 54,300 Feb 25, 2021 Sold 9.800 common shares for $166,00 May 31, 2021 Racquired 4.900 common shares for $53,300 cash Nov. 1, 2021 Issued 14,700 common shares in exchange for land with a fair value of $270,000 (a) Calculate the profit available to common shareholders Profitable to common shareholders LINE TOTENT BV in the Question A. You will learn while you can points based on the Point Potential policy set by your instructor Attempts of 15 used SAVE FOR LATER SUBMIT ANSWER (6)

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