Answered
On January 1, 2010, Walters Corporation had 24, 000 shares of common stock outstanding.On April 1, it reacquired 2, 400 shares; on July 1, it issued 10, 800 shares; on October 1, it issued another 9, 600 shares; and on December 1, it reacquired 600 shares.The weighted average number of common shares outstanding for 2010 was
A) 26, 950
B) 28, 900
C) 29, 950
D) 41, 400
On Sep 23, 2024