Question
On January 1, 2020, Ivanhoe Ltd. had 612,000 common shares outstanding. During 2020, it had the following transactions that affected the common share account: Feb.
On January 1, 2020, Ivanhoe Ltd. had 612,000 common shares outstanding. During 2020, it had the following transactions that affected the common share account: Feb. 1 Mar. 1 May 1 June 1 Oct. 1 Issued 154,000 shares. (a) Issued a 10% stock dividend. Acquired 166,000 common shares and retired them. Issued a 3-for-1 stock split. Issued 61,000 shares. The company's year end is December 31. Determine the weighted average number of shares outstanding as at December 31, 2020. (Round answer to 0 decimal places, e.g. 5,275.) Weighted average number of shares outstanding shares
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