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Andy Ltd has 400,000 ordinary shares on issue at 1 July 2019, which is the beginning of its reporting period. On 1 March 2020, it

Andy Ltd has 400,000 ordinary shares on issue at 1 July 2019, which is the beginning of its reporting period. On 1 March 2020, it issued a further 300,000 ordinary shares for cash. Required: What is the weighted average number of shares for use in the earnings per share calculation for the year ended 30 June 2020?

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