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Culver Corporation had 282,000 shares of common stock outstanding on January 1, 2017. On May 1, Culver issued 29,400 shares. (a) Compute the weighted average
Culver Corporation had 282,000 shares of common stock outstanding on January 1, 2017. On May 1, Culver issued 29,400 shares. (a) Compute the weighted average number of shares outstanding if the 29,400 shares were issued for cash. Weighted average number of shares outstanding (b) Compute the weighted average number of shares outstanding if the 29,400 shares were issued in a stock dividend. Weighted-average number of shares outstanding
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