Business, 30.03.2020 19:39 jermainedwards

On January 1, Year 2, the Arlington Company had 100,000 shares of common stock issued and outstanding. On July 1, Year 2, the company sold 20,000 additional shares for cash. On August 1, a 25% stock dividend was distributed. What is the weighted-average number of common shares outstanding during Year 2

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On January 1, Year 2, the Arlington Company had 100,000 shares of common stock issued and outstandin...