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On January 1, 2020, Wildhorse Ltd. had 522,000 common shares outstanding. During 2020, it had the following transactions that affected the common share account: Feb.
On January 1, 2020, Wildhorse Ltd. had 522,000 common shares outstanding. During 2020, it had the following transactions that affected the common share account:
Feb. 1 | Issued 154,000 shares. | |
Mar. 1 | Issued a 20% stock dividend. | |
May 1 | Acquired 174,000 common shares and retired them. | |
June 1 | Issued a 2-for-1 stock split. | |
Oct. 1 | Issued 43,000 shares. |
The companys year end is December 31.
(a)
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 | enter the Weighted average number of shares outstanding rounded to 0 decimal places shares |
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