At the beginning of the year, Solen Corp. had 100,000 shares of common stock outstanding. On April
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Question:
At the beginning of the year, Solen Corp. had 100,000 shares of common stock outstanding. On April 1, the company issued an additional 60,000 shares. Weighted-average shares for the year will be:
Multiple choice
180,000 shares.
160,000 shares.
145,000 shares.
Related Book For
Intermediate Accounting Reporting and Analysis
ISBN: 978-1285453828
2nd edition
Authors: James M. Wahlen, Jefferson P. Jones, Donald Pagach
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