Question
JayRad Company earned net income of $90,000 this year. The company began the year with 600 shares of common stock and issued 900 more on
JayRad Company earned net income of $90,000 this year. The company began the year with 600 shares of common stock and issued 900 more on Oct 1. They issued $5,000 in preferred dividends for the year. What is JayRad Company's weighted average number of shares for the year?
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Sound Investing, Chapter 6 - Valuation Of Assets And Liabilities
Authors: Kate Mooney
1st Edition
0071719288, 9780071719285
