Greenwell Coffee Company Began Operations on the First Day of the Year

question 101

Multiple Choice

Greenwell Coffee Company began operations on the first day of the year. On that day they issued 100,000 shares. On March 1 they issued 23,000 shares and on July 1, another 30,000 shares. On December 1, Greenwell repurchased 6,000 shares of outstanding shares. Compute the weighted-average shares of stock for the first year of operation. (Round your final answer to the nearest whole number.)

• A) 147,000
• B) 134,667
• C) 133,667
• D) 134,167

---

Definitions:

Term Explanation

The process of providing definitions or clarifications for terms or concepts.

Emotional Intelligence

The capability to recognize, understand, and manage our own emotions and to comprehend and influence the emotions of others.

High Qualities

Attributes or characteristics signifying superior standards, excellence, or merit in objects, processes, or individuals.

Dual-career Partnership

A relationship where both partners maintain their own professional careers, balancing work and personal life.