On January 1, 2017, Winston Mining Corp. had 580,000 common shares issued and outstanding. On April 30,
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On January 1, 2017, Winston Mining Corp. had 580,000 common shares issued and outstanding. On April 30, it issued an additional 220,000 shares and on October 1 it repurchased and cancelled 100,000 shares. Calculate Winston’s weighted-average shares outstanding for the year ended December 31, 2017. Round calculations to the nearest whole share.
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Time Period January April MaySeptember October Dec...View the full answer
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Related Book For 
Fundamental Accounting Principles Volume 2
ISBN: 9781259087363
15th Canadian Edition
Authors: Kermit Larson, Heidi Dieckmann
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