On January 1, Harrell Corp. had 75,000 common shares issued and outstanding. On April 1, it issued

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On January 1, Harrell Corp. had 75,000 common shares issued and outstanding. On April 1, it issued 24,000 additional shares and on June 1, declared and distributed a 20% share dividend. Calculate Harrell’s weighted-average outstanding shares for the year.

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Fundamental Accounting Principles Volume II

ISBN: 978-1259066511

14th Canadian Edition

Authors: Larson Kermit, Jensen Tilly

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