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River Bend started the calendar year with 100,000 shares outstanding. An additional 20,000 shares were...

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Accounting

River Bend started the calendar year with 100,000 shares outstanding. An additional 20,000 shares were issued on April 1, and 10,000 shares were reacquired on July 1. What is the number of weighted-average shares outstanding for the full year?

A. 100,000

B.110,000

C. 120,000

D. 130,000

E. None of these

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