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Assignment 2-Weighted average number of shares: Justina Co. -a listed Company - has the following share transactions during 2017: Date: Details: Shares issued: Treasury

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Assignment 2-Weighted average number of shares: Justina Co. -a listed Company - has the following share transactions during 2017: Date: Details: Shares issued: Treasury shares: Balance at the Shares outstanding: 1 January: beginning of the 200,000 30,000 31 May: year Issue of new shares for cash 80,000 Purchase of 1 December: 25,000 treasury shares Balance at year end 31 December: Complete the table and calculate the weighted average number of shares outstanding for 2017!

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