Weighted average shares outstanding introduction, Accounting Basics

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Weighted average shares outstanding introduction

Milo Co. had 800,000 shares of common stock outstanding on January 1, issued 126,000 shares on May 1, purchased 63,000 shares of treasury stock on September 1, and issued 54,000 shares on November 1. The weighted average shares outstanding for the year is:

a. 851,000.

b. 872,000.

c. 893,000.

d. 914,000.

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Accounting Basics: Weighted average shares outstanding introduction

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Accounting Basics: Weighted average shares outstanding introduction

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Recent Questions Asked Accounting Basics

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Recent Questions Asked Accounting Basics

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