Business, 21.09.2021 21:50 u8p4

Cox Company has the following stockholders' equity section of its balance sheet on January 1: Additional Resources Cox Company Stockholders' Equity January 1 6% Preferred Stock, par value $165, 10,000 shares issued and outstanding Common Stock, par value $27, 133,000 shares issued and outstanding Additional Paid-In Capital Retained Earnings Total Stockholders' Equity In addition, Cox Company had the following transactions during the year: March 1 Issued 32,400 shares of common stock. August 1 Issued 45,600 shares of common stock. October 1 Purchased 2,040 shares of treasury stock. Required: Compute the number of common shares outstanding. Compute the weighted average number of common shares outstanding.

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Cox Company has the following stockholders' equity section of its balance sheet on January 1: Additi...

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