A company reports the following amounts on its 31 December 2010 statement of financial position Treasury shares had been acquired at 2 50 each Required a) How many treasury shares does the company have b) How many unissued shares does the company have c) How many outstanding shares does the company...

The Answer is in the image, click to view ...

A company reports the following amounts on its 31 December 2010 statement of financial position. Treasury shares

Question:

A company reports the following amounts on its 31 December 2010 statement of financial position. Treasury shares had been acquired at £2.50 each.

image text in transcribed

Required:

a) How many treasury shares does the company have?

b) How many unissued shares does the company have?

c) How many outstanding shares does the company have?

d) How many authorized shares does the company have?

e) How many issued shares does the company have?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Financial Accounting A Global Perspective

ISBN: 9780470518403

1st Edition

Authors: Rod Monger

See More Books

Question Posted: Jun 16, 2024 04:30 AM

See More Questions

Financial information attached. I'm supposed to project for 2015, 2016, and 2017. I do not understand the question or how to do it. Pro-Forma Financial Statements (I/S, B/S and Statement of Cash...
Please help with the following questions related to the attached financial statements:...
Complete a four-year analysis of the company's financial statements (2013-2016) using the FinSAS software. Breville Group Ltd 2013 - 2016 Annual report 2014 Celebrating the 40th Anniversary of the...
Ski Aus is a company that makes fashionable, high performance and expensive ski clothing (ski wear). Ski Aus has traditionally segmented the market by clothing type (e.g., ski pants, ski jackets,...
What is a financial liability? How do you determine the amount owed on current and long-term liabilities? Give examples of each.
How does the recognition of a profit on a construction contract differ from the recognition of a loss?
Buying bonds with duration equal to when the proceeds are needed (matching duration with the need for funds) __________ reinvestment rate risk.
You operate a carwash with one machine. When you charge $10 per wash you expect to have 20,000 customers per year. For every 10c reduction in price you expect to add 250 customers per year. Your...
Cost of Goods Manufactured and Cost of Goods Sold For each of the following unrelated companies, compute the cost of goods manufactured and the cost of goods sold: A B C Selling expenses $ 1 , 5 5 0...
Which type of firm is more likely to experience a loss of customers in the event of financial distress: a. Campbell Soup Company or Intuit, Inc. (a maker of accounting software)? b. Allstate...
A company issues 30 000 ordinary shares on 30 April 2009 for $20 per share. On 1 October 2009 the company purchases 5000 of its own shares for $110 000 to hold as treasury shares. On 30 November...
The balance in Marcs RRSPs was $148 000 when he converted to an RRIF. The RRIF pays $5000 at the end of each quarter. If interest on the RRIF is 4.3% compounded monthly, for how long will Marc...
How would applying the core values and concepts of the Baldrige Performance Excellence Framework improve healthcare quality?
1. How does kaizen differ from a kaizen event? 2. What is the Deming Cycle? Explain the activities that make up each step.
3. Implement F (X,Y,Z) = XY'ZYZ' by using a) Only one 8-to-1 MUX. b) Only one 4-to-1 MUX. 4. Realize (a,b,c,d) = m(0, 4, 5, 9, 13, 14, 15) with a 8-to-1 Mux. a) Consider a, b, c as selection lines...
1.Pink describes several "frames" including: The Less Frame, The Experience Frame, The Label Frame, The Blemished Frame, The Potential Frame. Which frame is your favorite? Why? Give a specific...
Rise of the hackers essay prompt question Do you think you might be vulnerable to the social engineering attack that hackers used against Matt in the video?
On July 1, 2014, Pizner Co. pays $13,200 to Orlow Insurance Co. for a 3-year insurance contract. Both companies have fiscal years ending December 31. For Pizner Co., journalize and post the entry on...
What impact has the Internet had on the globalization of small firms? How do you think small companies will use the Internet for business in the future?
please help Problem 13-7 (Algo) Prepare a Statement of Cash Flows [LO13-1, LO13-2] [The following information applies to the questions displayed below.] Comparative financial statements for Weaver...
A firm has 1000 shareholders, each of whom own $59 in shares. The firm uses $28000 to repurchase shares. What percentage of the firm did each of the remaining shareholders own before the repurchase,...
Vancouver Bank agrees to lend $ 180,000 to Surrey Corp. on November 1, 2020 and the company signs a six-month, 6% note maturing on May 1, 2021. Surrey Corp. follows IFRS and has a December 31 fiscal...

A company reports the following amounts on its 31 December 2010 statement of financial position. Treasury shares

Question:

Ordinary shares, 1 par, authorized 120 000 shares Ordinary share premium (2 per share) Retained earnings Treasury shares 80 000 14 000 180 000 25.000

Step by Step Answer:

Financial Accounting A Global Perspective

Students also viewed these Business questions