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How do figure out the weighted average of outstanding shares

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Reference no: EM132722121

Shares of common stock:

Outstanding at Jan 1: 15000 shares

Additional issued May 1: 7000 shares

Additional issued Nov 1: 2000 shares

Net income on Dec 31 Income statement: 96000

Problem 1: How do find out the earnings per share of common stock without the dividends? How do figure out the weighted average of outstanding shares?

Reference no: EM132722121

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