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XYZ Company had the following shares outstanding during the year: 100,000 shares from January 1 to March 31 150,000 shares from April 1 to September
XYZ Company had the following shares outstanding during the year:
- 100,000 shares from January 1 to March 31
- 150,000 shares from April 1 to September 30
- 200,000 shares from October 1 to December 31
What is the weighted average number of common shares for the year?
a.
125,000
b.
175,000
c.
200,000
d.
150,000
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Managerial Accounting
Authors: Stacey Whitecotton, Robert Libby, Fred Phillips
5th Edition
1264467206, 978-1264467204
