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Except for the earnings per share statistics, the 2019, 2020, and 2021 income statements for Ace Group Inc. were originally presented as follows: Required: 1.
Except for the earnings per share statistics, the 2019, 2020, and 2021 income statements for Ace Group Inc. were originally presented as follows: Required: 1. Calculate the 11 missing amounts. (Loss should be indicated by a minus sign.)
Answer is complete and correct.
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Shares outstanding on December 31, 2018 | 38,800 | |||||||||
Purchase and retirement of shares on March 1, 2019 | 4,880 | |||||||||
Sale of shares on June 1, 2019 | + | 16,480 | ||||||||
Share dividend of 5% on August 1, 2019 | + | 2,520selected answer correct | ||||||||
Shares outstanding on December 31, 2019 | 52,920selected answer correct | |||||||||
Sale of shares on February 1, 2020 | + | 7,760 | ||||||||
Purchase and retirement of shares on July 1, 2020 | 2,440 | |||||||||
Shares outstanding on December 31, 2020 | 58,240selected answer correct | |||||||||
Sale of shares on March 1, 2021 | + | 20,560 | ||||||||
Purchase and retirement of shares on September 1, 2021 | 6,600 | |||||||||
Share split of 3:1 on October 1, 2021 | + | |||||||||
Shares outstanding on December 31, 2021 | ? | |||||||||
2. Calculate the weighted-average number of common shares outstanding during the following years: (Do not round intermediate calculations. Round your answers to nearest whole number.)
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