Question
On January 1, 2023, Sugar Treats Inc. had 400,000 common shares outstanding. During 2023, Sugar Treats issued 50,000 shares on April 1, purchased and cancelled
On January 1, 2023, Sugar Treats Inc. had 400,000 common shares outstanding. During 2023, Sugar Treats issued 50,000 shares on April 1, purchased and cancelled 24,000 shares on September 1, and issued 42,000 shares on November 1. The weighted average number of common shares outstanding for 2023 is:
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Financial Accounting An Introduction
Authors: Jacqui Kew, Alex Watson
4th Edition
0199046484, 978-0199046485
