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Opening shares 1,00,000; on 1 October 30,000 more issued for cash. Weighted shares, March year-end?

A1,15,000
B1,07,500
C1,30,000
D1,22,500
Answer & Solution
Correct answer: A. 1,15,000
Issued on 1 October, the new shares are outstanding 6 of 12 months, so 1,00,000 plus 30,000 x 6/12 = 1,15,000.
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