Answer:
Weighted shares= 1,325,000
Explanation:
The shares issued by Robinson Company are wieghted below
From last year 1 million shares were issued so they have full weight.
As at April this year 300,000 shares were issued. There are 9 months remaining in the year of 12 months, so weight is (9/12)*300,000
At July 200,000 shares are issued with outstanding 6 months in the year of 12 months. Weight is (6/12)*200,000
To get total weighted shares add all weights for issued shares.
Weighted shares= 1,000,000+ (9/12)*300,00 + (6/12)* 200,000
Weighted shares = 1,000,000+ 225,000+ 100,000
Weighted shares= 1,325,000
