Note:-Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism.Answer completely.You will get up vote for sure. Whispering Winds Limited reported profit of $455.676 for its November 30, 2024, year end. Cash dividends of $61,900 on thecommon shares and $63,900 on the noncumulative preferred shares were declared and paid during the year. The followinginformation is available regarding Whispering Winds's common shares:Dec. 1. 2023The opening number of common shares was 55,600.Feb. 28, 2024Sold 9,600 common shares for $230,400 cash.May 31,2024Reacquired 4,800 common shares for $105,600 cash.Nov. 1,2024 Issued 14,400 common shares in exchange for land with a fair value of $270,000.(a)(b)Calculate the weighted average number of common shares for the year.Weighted average number of shares

It is a financial ratio. It is calculating by divides net earnings available to common shareholders…

Answered: Whispering Winds Limited reported…

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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