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Calculate the weighted average number of shares

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Problem - Current Attempt in Progress - Blossom Limited had 41,400 common shares outstanding on January 1, 2020. On March 1, 2020, Blossom issued 19,800 shares in exchange for equipment. On July 1, Blossom repurchased and cancelled 11,400 shares. On October 1, 2020, Blossom declared and issued a 12% stock dividend. Calculate the weighted average number of shares outstanding for Blossom for the year ended December 31, 2020.

Reference no: EM132702535

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