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Indigo Inc. uses a calendar year for financial reporting. The company is authorized to issue 9,160,000 shares of $12 par common stock. At no time

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Indigo Inc. uses a calendar year for financial reporting. The company is authorized to issue 9,160,000 shares of $12 par common stock. At no time has Indigo issued any potentially dilutive securities. Listed below is a summary of Indigo's common stock activities. (a) Your answer is correct. Compute the weighted-average number of common shares used in computing earnings per common share for 2019 on the 2020 comparative income statement. shares Compute the weighted-average number of common shares used in computing earnings per cormmon share for 2020 on the 2020 comparative income statement. shares eTextbook and Media Attempts: 1 of 3 used (c) Your answer is correct. Compute the weighted-average number of common shares to be used in computing earnings per common share for 2020 on the 2021 comparative income statement. Comp ite the weighted-average number of common shares to be used in computing earnings per common share for 2021 on the 2021 comparative income statement. shares

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