ACC 302 Q5 Sheffield Corporation had 138,000 shares of stock...
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Accounting
ACC 302 Q5
Sheffield Corporation had 138,000 shares of stock outstanding on January 1, 2025. On May 1, 2025, Sheffield issued 60,000 shares. On July 1, Sheffield purchased 10,080 treasury shares, which were reissued on October 1. Bompute Sheffield's weighted-average number of shares outstanding for 2025. Weighted-average number of shares outstanding
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