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Current Attempt in Progress Sheridan Inc., a publicly traded company, had 294,000 common shares outstanding on December 31, 2022. During 2023, the company issued 8,400
Current Attempt in Progress Sheridan Inc., a publicly traded company, had 294,000 common shares outstanding on December 31, 2022. During 2023, the company issued 8,400 shares on May 1 and retired 12,000 shares on October 31. For 2023 , the company reported net income of $223,200 after a loss from discontinued operations of $89,280 (net of tax). (a) Calculate the weighted average number of common shares. Weighted average number of common shares shares eTextbook and Media Attempts: 0 of 3 used
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