Fujita, Inc. had 900,000 shares of common stock outstanding on January 1, issued 450,000 shares on April 1, and purchased 300,000 shares of treasury stock on November 1. The weighted average shares outstanding for the year is O a 1,287,500 O b. 1,262,500. Oc. 1,250,000 Od. 1,225,000

Fujita, Inc. had 900,000 shares of common stock outstanding on January 1, issued 450,000 shares on April 1, and purchased 300,000 shares of treasury stock on November 1. The weighted average shares outstanding for the year is O a 1,287,500 O b. 1,262,500. Oc. 1,250,000 Od. 1,225,000

Principles of Accounting Volume 1

19th Edition

ISBN:9781947172685

Author:OpenStax

Publisher:OpenStax

Chapter14: Corporation Accounting

Section: Chapter Questions

Problem 6Q: The following data was reported by Saturday Corporation: Authorized shares: 30,000 Issued shares:...

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Fujita, Inc. had 900,000 shares of common stock outstanding on January 1, issued 450,000 shares on April 1, and purchased 300,000 shares of treasury
stock on November 1. The weighted average shares outstanding for the year is
O a 1,287,500.
Ob. 1,262,500.
Oc. 1,250,000
O d. 1,225,000

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