The following information pertains to Ceil Co., a company whose common stock trades in a public market:

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Shares outstanding at 1/1 100,000

Stock dividend at 3/31 24,000

Stock issuance at 6/30. 5,000

What is the weighted average number of shares Ceil should use to calculate its basic earnings per share for the year ended December 31?

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Advanced Accounting

ISBN: 978-0538480284

11th edition

Authors: Paul M. Fischer, William J. Tayler, Rita H. Cheng

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Posted Date: Jan 09, 2023 05:52 AM

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The following information pertains to Ceil Co., a company whose common stock trades in a public market:

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126500 CALCULATION Weighted average number of shares Sh... View the full answer

Advanced Accounting

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