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On January 1, 2023, Blossom Manufacturers had 294.000 common shares outstanding On April 1, the corporation issued 29,400 new common shares to raise additional capital.

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On January 1, 2023, Blossom Manufacturers had 294.000 common shares outstanding On April 1, the corporation issued 29,400 new common shares to raise additional capital. On July 1 , the corporation declared and distributed a 10 stock dlvidend on its common shares, On November 1, the corporation repurchased on the market 11.700 of its own outstanding conmon 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 31. 2023. (Round answer to 0 declmol places, es. 5.255.) Assume that Blossom Manufacturers had a 1-for-10 reverse stock split instead of a 10% stock dividend on July 1,2023. Calculate the weighted average number of shares outstanding as at December 31,2023 . (Round answer to 0 decimal plocess eg. 5,255.) shares Weighted average number of shares outstanding eTextbook and Media Attempts: 0 of 3 used

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