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Calculate the weighted average number of shares

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Reference no: EM132845213

Question - Blue Spruce Limited had 54,840 common shares on January 1, 2020. On April 1, 5,280 shares were repurchased. On August 31, 12,360 shares were issued.

Required -

1. Calculate the number of shares outstanding at December 31, 2020?

2. Calculate the weighted average number of shares for 2020?

Reference no: EM132845213

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