. x co. had the following stock transactions during the, Ask an Expert

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. X Co. had the following stock transactions during the fiscal year ended June 30, year 2:

Beginning stick balance, July1, year 1 100,000 shares
2:1 stock split, September 30, year 1
Issuance of additional shares, January 1, year 2 50,000 shares
Repurchase of shares, June 23, year 2 1,040 shares

What was X Co's weighted average number of shares outstanding at June 30, year 2?

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M973380

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