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The following information is available for Turncoat Corporation:
January 1, 2020 Shares outstanding 4,000,000
April 1, 2020 Shares issued 640,000
July 1, 2020 Treasury Shares purchased 240,000
Oct. 1, 2020 100% stock dividend
Nov. 1 2020 Reissued Treasury shares 300,000
Problem 1: Compute the Weighted Average Common Shares Outstanding
Financial Statement Analysis and Preparation
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