PRINTER VERSION BACK NEXT Exercise 17-1 7-5 On January 1, 2020, Cullumber Manufacturers had 378,000 common shares outstanding. On April 1, the corporation issued 37,800 new common shares to raise additional capital on July 1, the corporation declared and distributed a 10% stock dividend on its common shares. On November 1, the corporation repurchased on the market 8,100 of its own outstanding common shares to make them available for issuances related to its key executives' outstanding stock options. 17-4 (Part (Part Your answer is correct. 5 (Part Calculate the weighted average number of shares outstanding as at December 31, 2020. (Round answer to o decimal places, .5,255.) Weighted average number of shares outstanding 445635 shares by SHOW SOLUTION SHOW ANSWER LINK TO TEXT X] your answer is incorrect. Try again. Assume that Cullumber Manufacturers had a 1-for-10 reverse stock split instead of a 10% stock dividend on July 1, 2020. Calculate the weighted average number of shares outstanding as at December 31, 2020. (Round answer to o decimal places, c.0.5.255.) 247185 shares Weighted average number of shares outstanding genalplus.com eduger shared assignment/tes alistunud aasnmt 3 S O E 1213 AM NG 2020-02-18