On Jan. 1 the balance of outstanding shares was 60.000. On Mar. 1. Blue Co. issued...
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On Jan. 1 the balance of outstanding shares was 60.000. On Mar. 1. Blue Co. issued 60,000 shares for cash. On July 1, Blue purchased 50,000 shares in a stock buyback. What is the weighted average number of shares outstanding? On Jan. 1 the balance of outstanding shares was 60.000. On Mar. 1. Blue Co. issued 60,000 shares for cash. On July 1, Blue purchased 50,000 shares in a stock buyback. What is the weighted average number of shares outstanding?
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Fundamental Managerial Accounting Concepts
ISBN: 978-0078110894
6th Edition
Authors: Edmonds, Tsay, olds
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