What is the weighted-average number of shares, Accounting Basics

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What is the weighted-average number of shares

On January 1, 2013, Gridley Corporation had 187,500 shares of its $2 par value common stock outstanding. On March 1, Gridley sold an additional 375,000 shares on the open market at $20 per share. Gridley issued a 20% stock dividend on May 1. On August 1, Gridley purchased 210,000 shares and immediately retired the stock. On November 1, 300,000 shares were sold for $25 per share. What is the weighted-average number of shares outstanding for 2013?

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Accounting Basics: What is the weighted-average number of shares

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Accounting Basics: What is the weighted-average number of shares

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Recent Questions Asked Accounting Basics

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Ask an Expert for Answer!!

Accounting Basics: What is the weighted-average number of shares

Reference No:- TGS0682976

Recent Questions Asked Accounting Basics

Q : What effect does that limitation have on wealth distribution

Q : Will the interest expense be higher or lower

Q : How would the bonds payable and the interest expense

Q : Explain the break-even volume in units and in dollars

Q : What is the weighted-average number of shares

Q : Prepare the journal entries for citizens bank

Q : Compute the amount of goodwill acquired by winans

Q : What are your allowable tax

Q : How the patent has an expected useful life

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