Headland Corporation had 138,000 shares of stock outstanding on January 1, 2020. On May 1,...

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Accounting

Headland Corporation had 138,000 shares of stock outstanding on January 1, 2020. On May 1, 2020, Headland issued 60,000 shares. On July 1, Headland purchased 10,080 treasury shares, which were reissued on October 1. Compute Headlands weighted-average number of shares outstanding for 2020. Weighted-average number of shares outstanding.

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