Question
A Mick Limited has a year end 31/12/2011. The following transactions in shares took place during the year: 1 January ordinary shares in issue 3,500,000
A Mick Limited has a year end 31/12/2011. The following transactions in shares took place during the year:
1 January ordinary shares in issue 3,500,000
1 April 260,000 shares issued 260,000
1 May 420,000 shares issued 420,000
1 December 100,000 shares repurchased (100,000) As at 31 December 2,695,000
Calculate the weighted average number of shares at the end of the reporting period
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Financial Accounting IFRS
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
2nd edition
1118285909, 1118285905, 978-1118285909
