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Milo Co. had 795,000 shares of common stock outstanding as of January 1. On May 1, they issued 145,000 shares of common stock. On September
Milo Co. had 795,000 shares of common stock outstanding as of January 1. On May 1, they issued 145,000 shares of common stock. On September 1, Milo Co. purchased 61,000 shares of treasury stock. On November 1, they issued 59,000 shares of common stock.
Calculate the weighted average shares outstanding for the year.
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