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Harden Co, started Year 7 with 800,000 common shares outstanding. During Year 7, Harden completed the following share transactions: May 1: Issued 200,000 shares July
Harden Co, started Year 7 with 800,000 common shares outstanding. During Year 7, Harden completed the following share transactions: May 1: Issued 200,000 shares July 31: Repurchased 100,000 shares September 31: Issued a 10% stock dividend October 31: Issued 400,000 shares Required: Calculate the weighted average number of shares outstanding for Year 7.
Harden Co, started Year 7 with 800,000 common shares
outstanding. During Year 7, Harden completed the following
share transactions:
May 1: Issued 200,000 shares
July 31: Repurchased 100,000 shares
September 31: Issued a 10% stock dividend
October 31: Issued 400,000 shares
Required:
Calculate the weighted average number of shares outstanding
for Year 7.
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Auditing And Assurance Services An Integrated Approach
Authors: Alvin A. Arens, Randal J. Elder, Mark S. Beasley
17th Edition
013517614X, 978-0135176146
