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The weighted average number of common shares

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Lavender Corporation had 10,000 shares of common stock outstanding at the beginning of the year. On July 1, it issued 5,000 shares, and on September 1 it reacquired 600 shares as treasury stock.

1. What is the weighted average number of common shares the company will use in computing its earnings per share?

Reference no: EM13869305

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