Question
Concord Corporation had 126,000 shares of stock outstanding on January 1, 2017. On May 1, 2017, Concord issued 57,600 shares. On July 1, Concord
Concord Corporation had 126,000 shares of stock outstanding on January 1, 2017. On May 1, 2017, Concord issued 57,600 shares. On July 1, Concord purchased 9,000 treasury shares, which were reissued on October 1. Compute Concord's weighted-average number of shares outstanding for 2017. Weighted-average number of shares outstanding
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Intermediate Accounting
Authors: Elizabeth A. Gordon, Jana S. Raedy, Alexander J. Sannella
1st edition
978-0133251579, 133251578, 013216230X, 978-0134102313, 134102312, 978-0132162302
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