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Indigo Corporation had 141,600 shares of stock outstanding on January 1, 2020. On May 1, 2020, Indigo issued 48,000 shares. On July 1, Indigo
Indigo Corporation had 141,600 shares of stock outstanding on January 1, 2020. On May 1, 2020, Indigo issued 48,000 shares. On July 1, Indigo purchased 9,600 treasury shares, which were reissued on October 1. Compute Indigo's weighted-average number of shares outstanding for 2020. Weighted-average number of shares outstanding
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Accounting For Managers Interpreting Accounting Information for Decision Making
Authors: Paul M. Collier
4th edition
978-111997967, 1119979676, 978-1119979678
