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On January 1, Year 6, Laurium Corporation had 34,000 shares of common stock outstanding. On April 1, it reacquired 2,400 shares; on July 1 ,
On January 1, Year 6, Laurium Corporation had 34,000 shares of common stock outstanding. On April 1, it reacquired 2,400 shares; on July 1 , it issued 12,000 shares; on October 1 , it issued another 6,800 shares; and on December 1, it reacquired 1,008 shares. What was the weighted average number of common shares outstanding for Year 6 ? a. 28,900 b. 39,816 c. 41,400 d. 26,950 On January 1, Year 6, Laurium Corporation had 34,000 shares of common stock outstanding. On April 1, it reacquired 2,400 shares; on July 1 , it issued 12,000 shares; on October 1 , it issued another 6,800 shares; and on December 1, it reacquired 1,008 shares. What was the weighted average number of common shares outstanding for Year 6 ? a. 28,900 b. 39,816 c. 41,400 d. 26,950
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