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Find weighted average number of shares outstanding

Clampitt Corporation had 60,000 shares of common stock outstanding on January 1, 2014. On April 1, 2014, an additional 40,000 shares were issued for cash. No other changes took place in the number of shares outstanding. The weighted average number of shares outstanding for purposes of earnings per share computations is:

70,000.
80,000.
90,000.
92,667.

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Finance Basics: Find weighted average number of shares outstanding

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Solution Preview :

Prepared by a verified Expert

Finance Basics: Find weighted average number of shares outstanding

Reference No:- TGS0672574

Have a Question? (oR Write a Review)

Recent Questions Asked Finance Basics

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Solution Preview :

Prepared by a verified Expert

Finance Basics: Find weighted average number of shares outstanding

Reference No:- TGS0672574

Recent Questions Asked Finance Basics

Q : Future value of a single sum

Q : The university of memphis advertises

Q : How much total loss report in extraordinary item section

Q : Balance sheet for notes payable

Q : Find weighted average number of shares outstanding

Q : Operates a store in downtown savannah

Q : Determining the equivalent taxable yield

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