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Brief Exercise 16-11 Riverbed Corporation had 270,000 shares of common stock outstanding on January 1, 2017. On May 1, Riverbed issued 28,200 shares. (a) Compute
Brief Exercise 16-11 Riverbed Corporation had 270,000 shares of common stock outstanding on January 1, 2017. On May 1, Riverbed issued 28,200 shares. (a) Compute the weighted-average number of shares outstanding if the 28,200 shares were issued for cash Weighted-average number of shares outstanding (b) Compute the weighted-average number of shares outstanding if the 28,200 shares were issued in a stock dividend Weighted-average number of shares outstanding LINK TO TEXT
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