What is the weighted average number of shares outstanding

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Question - On January 1, a corporation had 50,000 shares of common stock outstanding. On April 1, the company declared a 20% stock dividend, and on August 1, the company had a 3-for-1 stock split. On December 1, the company issued an additional 6,000 shares. What is the weighted average number of shares outstanding for the year?

a. 186,000

b. 180,500

c. 156,000

d. 50,000

Reference no: EM132876884

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