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Novak Corporation had 111,600 shares of stock outstanding on January 1, 2020. On May 1, 2020, Novak issued 51,600 shares. On July 1, Novak
Novak Corporation had 111,600 shares of stock outstanding on January 1, 2020. On May 1, 2020, Novak issued 51,600 shares. On July 1, Novak purchased 9,840 treasury shares, which were reissued on October 1. Compute Novak's weighted-average number of shares outstanding for 2020. Weighted-average number of shares outstanding
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Advanced Accounting
Authors: Gail Fayerman
1st Canadian Edition
9781118774113, 1118774116, 111803791X, 978-1118037911
