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Blossom Limited had 41,400 common shares outstanding on January 1, 2020. On March 1, 2020, Blossom issued 18,900 shares in exchange for equipment. On July 1, Blossom repurchased and cancelled 9,900 shares. On October 1, 2020, Blossom declared and issued a 9% stock dividend.
Question 1: Calculate the weighted average number of shares outstanding for Blossom for the year ended December 31, 2020.
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On March 15, Chief Company acquired 20,000 shares of its own $2 par value common shares at a cost of $17 per share. Chief originally issued the shares at $12 per share. On July 5, Chief sold 7,000 of the shares back in the open market at a price of $..
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The board of directors of Green declared cash dividends of $50,000 in 2011 after paying $20,000 cash dividends in each of 2010 and 2009. What is the amount of dividends common shareholders will receive in 2011?
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