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Question - Marcy Company had 30,000 shares of common stock at the beginning of the year. On July 1, it issued 3,000 shares; on November 2, it issued another 3,000 shares; and on December 1, it reacquired 1,000 shares of treasury stock. What is its weighted average number of shares for the year?
35,000.
33,000.
32,083.
31,917.
Expressed an unmodified opinion on the current year's financial statements when fees for the prior year's audit were unpaid. Recommended a controller's position description with candidate specifications to an audit client.
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stine manufacturing uses a job order costing system. on may 1 the company has a balance in work in process inventory of
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