Calculate joanne weighted average number of shares

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Reference no: EM133348457

Question: Joanne Limited had 50,000 shars outstanding on Jan 1, Y4. On March 1, Y4 Joanne issued 15,000 shares in exchange for equipment On July 1, Y4 Joanne repurchased and cancelled 12,000 shares On October 1, Y4 Joanne declared and issued a 20% stock dividend REQUIRED Calculate Joanne's weighted average number of shares outstanding at Dec 31, Y4.

Reference no: EM133348457

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