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pleaee answer quickly and accurately On December 31,2023, Sumland Corporation had 5,380, $2 preferred shares and 62,400 corrimon shares issued. During 2024 , the compary
pleaee answer quickly and accurately
On December 31,2023, Sumland Corporation had 5,380, $2 preferred shares and 62,400 corrimon shares issued. During 2024 , the compary completed the following share transactions Apr. 1 Sold 7,800 common shares for $5,380 cash. Sept. 30 Reacquired 4,000 common shares for $1,400 cash. Sunland's profit in 2024 was $480,165. Calculate the weighted average number of common shares for 2024. Weighted average number of shares 2. Preferred shares are noncurmiative and dividends wore (i) dectured. (ii) not deciared Step by Step Solution
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