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Compute the weighted-average number of shares outstanding

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Question - Bramble Corporation had 312,000 shares of common stock outstanding on January 1, 2017. On May 1, Bramble issued 31,800 shares.

a) Compute the weighted average number of shares outstanding if the 31,800 shares were issued for cash.

b) Compute the weighted-average number of shares outstanding if the 31,800 shares were issued in a stock dividend.

Reference no: EM133054111

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