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Bowen Corporation Had 45,000 Shares of Common Stock Outstanding from January

Question 114

Multiple Choice

Bowen Corporation had 45,000 shares of common stock outstanding from January 1 to April 1 and 65,000 shares from April 1 to December 31. What is the weighted-average number of shares used for earnings per share calculations?


A) 50,000
B) 55,000
C) 60,000
D) 61,333

Correct Answer:

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