Intermediate Accounting: Reporting And Analysis
Intermediate Accounting: Reporting And Analysis
3rd Edition
ISBN: 9781337788281
Author: James M. Wahlen, Jefferson P. Jones, Donald Pagach
Publisher: Cengage Learning
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Skysong Corporation had 110,400 shares of stock outstanding on January 1, 2025. On
May 1, 2025, Skysong issued 49,200 shares. On July 1, Skysong
purchased 9,120 treasury shares, which were reissued on October 1.
Compute Skysong's weighted-average number of shares outstanding for 2025.
Weighted-average number of shares outstanding
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Transcribed Image Text:Skysong Corporation had 110,400 shares of stock outstanding on January 1, 2025. On May 1, 2025, Skysong issued 49,200 shares. On July 1, Skysong purchased 9,120 treasury shares, which were reissued on October 1. Compute Skysong's weighted-average number of shares outstanding for 2025. Weighted-average number of shares outstanding
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