Question
Marigold Corporation had 106,800 shares of stock outstanding on January 1, 2017. On May 1, 2017, Marigold issued 62,400 shares. On July 1, Marigold purchased
Marigold Corporation had 106,800 shares of stock outstanding on January 1, 2017. On May 1, 2017, Marigold issued 62,400 shares. On July 1, Marigold purchased 10,920 treasury shares, which were reissued on October 1. Compute Marigolds weighted-average number of shares outstanding for 2017.
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Accounting For Managers Interpreting Accounting Information For Decision Making
Authors: Paul M. Collier
5th Edition
111900294X, 978-1119002949
