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a Problem 1. (22 Marks Adun C, had 60,000 ordinary shares outstanding on Jummiary 1, 2020. On March 1, the corporation issued an additional 4.500
a Problem 1. (22 Marks Adun C, had 60,000 ordinary shares outstanding on Jummiary 1, 2020. On March 1, the corporation issued an additional 4.500 shares. On September the corpection declared and issued a 3-for-I share split. On December 1, the corporation purchased on the market 3,600 of its own outstanding shares and retired them Required: Compute the weighted average number of shares to be used in computing camnings per share for 2020. (8 Marka) . Using the weighted average mumber of shares you calculated in requirement (n) above, assume that the corporation declared a dividend on its preferred stock for the amount of 5,000 for the year 2020 and net income for the year was 33,190. Required: Calculato Adun Co.'s basic Earnings Per Share for the year 2030. (6 Marka c. How would the 3-for-I share split declared and issued affect the total shareholders' equity for the corporation (No calculations required) (4 Marks) d. Briefly explain the difference between a simple corporate capital structure and a complex corporate capital structure and how would Es differ under both structures (No calculations required) (4 Marks)
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