Question: Douglas Corporation had 120 000 ordinary shares outstanding on J

Douglas Corporation had 120,000 ordinary shares outstanding on January 1, 2010. On May 1, 2010, Douglas issued 60,000 ordinary shares. On July 1, Douglas purchased 10,000 treasury shares, which were reissued on October 1. Compute Douglas’s weighted average number of ordinary shares outstanding for 2010.


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  • CreatedJune 17, 2013
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