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Calculate the weighted average number of common shares

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Reference no: EM132060092

Question - Company has 3,000,000 of shares of common stock outstanding on January 1, 2013. On October 1, 2013, we issued an additional 1,750,000 shares. Company has a simple capital structure. On July 1, 2015, we repurchased 500,000 shares of Treasury Stock. Calculate the weighted average number of common shares outstanding for each year.

Reference no: EM132060092

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