Blue Corporation had 138,000 shares of stock outstanding on January 1, 2017, Blue issued 60,000 shares. On July 1, Blue purchased 10, 080 treasury shares, which were reissued on October 1. Compute Blue’s weighted-average number of shares outstanding for 2017. Weighted-average number of shares outstanding $ Show transcribed image text Blue Corporation had 138,000 shares of stock outstanding on January 1, 2017, Blue issued 60,000 shares. On July 1, Blue purchased 10, 080 treasury shares, which were reissued on October 1. Compute Blue’s weighted-average number of shares outstanding for 2017. Weighted-average number of shares outstanding $
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