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What is its weighted average number of shares for the year

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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.

Reference no: EM132251208

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