Dec. 1, 2020 The opening number of common shares was 61,000 . Feb. 28, 2021 Sold 9,200
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Dec. 1, 2020
The opening number of common shares was 61,000.
Feb. 28, 2021
Sold 9,200 common shares for $202,400 cash.
May 31, 2021
Reacquired 4,600 common shares for $92,000 cash.
Nov. 1, 2021
Issued 13,800 common shares in exchange for land with a fair value of $300,000.
Calculate the weighted average number of common shares for the year.
Expert Answer:
Calculating the Weighted Average Number of Common Shares To calculate the weighted average number of ... View the full answer
Related Book For 
Accounting Principles Volume 2
ISBN: 978-1119502555
8th Canadian Edition
Authors: Jerry J. Weygandt, Donald E. Kieso, Paul D. Kimmel, Barbara Trenholm, Valerie Warren, Lori Novak
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