Question: Current Attempt in Progress On January 1 , 2 0 2 6 , Pharoah Corp. had 4 8 4 , 0 0 0 shares of

Current Attempt in Progress

On January

1, 2026,

Pharoah Corp. had

484, 000

shares of common stock outstanding. During

2026,

it had the following transactions that affected the common stock account.

February

1

Issued

116, 000

March

1

Issued a

10 %

stock dividend

May

1

Acquired

99, 000

shares of treasury stock

June

1,

Issued a

3 -

for

- 1

stock split

October

1

Reissued

61, 000

shares of treasury stock

(

)

X Your answer is incorrect.

Determine the weighted

-

average number of shares outstanding as of December

31, 2026 .

The weighted

-

average number of shares outstanding

Current Attempt in Progress On January 1,2026, Pharoah Corp. had 484,000

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