Question
Swifty Corporation had 805000 shares of common stock outstanding on January 1, issued 129000 shares on May 1, purchased 69000 shares of treasury stock on
Swifty Corporation had 805000 shares of common stock outstanding on January 1, issued 129000 shares on May 1, purchased 69000 shares of treasury stock on September 1, and issued 60000 shares on November 1. The weighted average shares outstanding for the year is
| A | 855000 |
| B | 878000 |
| C | 924000 |
| D | 901000 |
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Auditing And Assurance Services
Authors: Timothy Louwers, Robert Ramsay, David Sinason, Jerry Strawser
2nd Edition
0073128244, 9780073128245
