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Calculate the weighted-average number of shares used

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Reference no: EM132493216

Question 1: A company began the year with 105 shares of common stock outstanding on January 1. On March 1, the company reissued 15 shares of treasury stock. On April 1, the company issued a 10% stock dividend. On July 1, the company purchased 10 shares for the treasury. Calculate the weighted-average number of shares used for computing earnings per share.

Reference no: EM132493216

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