Omaha Corp. has 1 0 0 , 0 0 0 shares outstanding on January 1 , and

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Question:

Omaha Corp. has

100, 000

shares outstanding on January

1,

and issues

50, 000

shares on June

30 .

On August

15,

Omaha issued a

10 %

stock dividend and on September

30,

Omaha reacquired

12, 000

shares. Omaha

’

s weighted average number of shares outstanding for the year is closest to:

$134, 200 .$

$134, 500 .$

$134, 750 .$

Related Book For answer-question

Fundamentals of Financial Accounting

ISBN: 978-1259103292

4th Canadian edition

Authors: Fred Phillips, Robert Libby, Patricia Libby, Brandy Mackintosh

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Posted Date: Mar 13, 2024 10:29 PM

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Omaha Corp. has 1 0 0 , 0 0 0 shares outstanding on January 1 , and

Question:

Expert Answer:

answer The weighted average number of shares outstanding for Omaha Corp can be calculated by conside... View the full answer

Fundamentals of Financial Accounting

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