er 16 Question 10 of 14 -/1 View Policies Current Attempt in Progress Metlock Corporation had 318,000 shares of common stock outstanding on January 1, 2017. On May 1, Metlock issued 32,700 shares (a) Compute the weighted average number of shares outstanding if the 32,700 shares were issued for cash. Weighted average number of shares outstanding (b) Compute the weighted average number of shares outstanding if the 32,700 shares were issued in a stock dividend. Weighted average number of shares outstanding e Textbook and Media Save for Later Attempts: unlimited Submit