What will ridgetown use in the denominator for its earnings, Financial Accounting

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What will ridgetown use in the denominator for its earnings

Problem

Ridgetown Corporation started the year with 50,000 common shares outstanding. On April 1st, Ridgetown reacquired 5,000 of its own common shares. On July 1st, 10,000 common shares were issued. What will Ridgetown use in the denominator for its earnings per share calculation?

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Financial Accounting: What will ridgetown use in the denominator for its earnings

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Financial Accounting: What will ridgetown use in the denominator for its earnings

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