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Calculate cullumber weighted average number of shares

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Question - Cullumber Corporation had 538,200 common shares outstanding on January 1, 2020. On March 1, 2020, Cullumber issued 157,200 shares. On September 1, Cullumber repurchased and cancelled 34,800 shares. Calculate Cullumber's weighted average number of shares outstanding for the year ended December 31, 2020.

Reference no: EM133085432

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