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humber Inc., a publicly traded company, had 153,000 common shares outstanding on December 31, 2022. During 2023, the company issued 7,500 shares on May 1
humber Inc., a publicly traded company, had 153,000 common shares outstanding on December 31, 2022. During 2023, the company issued 7,500 shares on May 1 and retired 18,000 shares on October 31. For 2023, the company reported net income of $248,000 after a loss from discontinued operations of $37,200 (net of tax).
(a)
Calculate the weighted average number of common shares.
Weighted average number of common shares | enter the weighted average number of common shares shares |
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