Question
Sheffield Limited had 27,720 common shares on January 1, 2020. On April 1, 8,124 shares were repurchased. On August 31, 10,920 shares were issued. (a1)
Sheffield Limited had 27,720 common shares on January 1, 2020. On April 1, 8,124 shares were repurchased. On August 31, 10,920 shares were issued.
(a1)Calculate the number of shares outstanding at December 31, 2020.
(a2)Calculate the weighted average number of shares for 2020.(Do not round intermediate calculations.)
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Financial Accounting
Authors: W Steve Albrecht, Earl K Stice
11th Edition
0538746955, 9780538746953
