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On January 1 , 2 0 2 3 , Cullumber Manufacturers had 3 7 8 , 0 0 0 common shares outstanding. On April 1
On January Cullumber Manufacturers had common shares outstanding. On April the corporation issued
new common shares to raise additional capital. On July the corporation declared and distributed a stock dividend on its
common shares. On November the corporation repurchased on the market of its own outstanding common shares to make
them available for issuances related to its key executives' outstanding stock options.
a
Calculate the weighted average number of shares outstanding as at December Round answer to decimal places, eg
Weighted average number of shares outstanding
shares
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