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On January 1 of the current year, a company had 150,000 shares of common stock issued and outstanding. . On March 1, the company reacquired
On January 1 of the current year, a company had 150,000 shares of common stock issued and outstanding. . On March 1, the company reacquired 42,000 common shares as treasury stock. . On October 1, 9,000 treasury shares were sold. The company issued a 6% common stock dividend on June 15. The number of shares to be used in calculating basic earnings per share for the year is: (Click to select) 127,860 124,285 117,250 124,150 115,150
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