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The Alpha Corp. started the year with 200,000 shares of common stock outstanding. On 2/1 the company issued 20,000 shares. On 4/1 it repurchased 5,000
The Alpha Corp. started the year with 200,000 shares of common stock outstanding. On 2/1 the company issued 20,000 shares. On 4/1 it repurchased 5,000 shares. On 7/1 it sold the 5,000 treasury shares. On 9/1 the company issued a 2 for 1 stock split. On 10/1 the company issued 40% stock dividend. Determine the weighted average number of shares.
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