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Culver Corporation had 141,600 shares of stock outstanding on January 1, 2017. On May 1, 2017, Culver issued 48,000 shares. On July 1, Culver purchased
Culver Corporation had 141,600 shares of stock outstanding on January 1, 2017. On May 1, 2017, Culver issued 48,000 shares. On July 1, Culver purchased 9,600 treasury shares, which were reissued on October 1. Compute Culvers weighted-average number of shares outstanding for 2017.
Weighted-average number of shares outstanding$_________________? |
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