Business, 08.06.2021 05:30 soreese02

Vaughn Corporation had 303,000 shares of common stock outstanding on January 1, 2017. On May 1, Vaughn issued 31,200 shares. Required:
a. Compute the weighted-average number of shares outstanding if the 31,200 shares were issued for cash.
b. Compute the weighted-average number of shares outstanding if the 29,700 shares were issued in a stock dividend.

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Vaughn Corporation had 303,000 shares of common stock outstanding on January 1, 2017. On May 1, Vaug...

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