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Concord Cosmetic Inc. ( ACI), a cosmetic product manufacturer, is a publicly listed company. ACl is preparing earnings per share data for 2023. The following
Concord Cosmetic Inc. ( ACI), a cosmetic product manufacturer, is a publicly listed company. ACl is preparing earnings per share data for 2023. The following is a summary of the activity for ACl during 2023: 592,000 common shares issued and outstanding at December 31, 2022 106,000 common shares issued for cash on April 1, 2023 Repurchased 63,600 common shares on June 1, 2023 Two-for-one stock split on September 1, 2023 Calculate the weighted average number of shares outstanding for the year ended December 31, 2023. Weighted average number of common shares
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