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What is the weighted average number of shares outstanding

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Reference no: EM132488615

Question 1: As of January 1, the beginning of the fiscal year, a company has 10,000 shares outstanding. The company issues 5,000 shares on April 1, and reacquires 3,000 shares on September 1. What is the weighted average number of shares outstanding for the year?

Reference no: EM132488615

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