Determine weighted average number of shares outstanding

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Vaughn Corporation began its fiscal year on January 1, 2020, with 912,000 common shares issued and outstanding. On March 1, the company issued an additional 276,000 shares. On April 1, Vaughn declared and issued a 20% stock dividend. Vaughn repurchased and cancelled 153,000 of its own common shares on August 1. On November 1, the company issued an additional 318,000 shares.

Question 1: Weighted average number of shares outstanding

Reference no: EM132584967

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