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Problem:

On January 1, 2012, Chang Corp. had 502,000 shares of common stock outstanding. During 2012, it had the following transactions that affected the Common Stock account.

Required:

Question: Determine the weighted-average number of shares outstanding as of December 31, 2012.

Note: Please show the work not just the answer.

Accounting Basics, Accounting

  • Category:- Accounting Basics
  • Reference No.:- M91165420

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