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What is weighted average number of shares used in earnings

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Problem 1: A company has 10,000 shares outstanding from 1/1 to 3/31, and 14,000 shares outstanding from 4/1 to 12/31. What is the weighted average number of shares used in earnings per share calculations?

a. 11,833
b. 12,000
c. 14,500
d. 13,000

Reference no: EM132704644

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