Question
Carla Vista Corporation had 588,000 common shares outstanding on January 1, 2020. On May 1, Carla Vista issued 58,800 shares. Calculate the weighted average
Carla Vista Corporation had 588,000 common shares outstanding on January 1, 2020. On May 1, Carla Vista issued 58,800 shares. Calculate the weighted average number of shares outstanding for the year ended December 31, 2020, if the 58,800 shares were issued for cash. (Round answer to O decimal places, e.g. 5,275.) Weighted average number of shares outstanding eTextbook and Media shares
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Fundamental Accounting Principles
Authors: John J Wild, Ken Shaw
25th Edition
9781260247985
