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Flint SA uses a calendar year for financial reporting. The company is authorized to issue 8,420,000 R$12 par ordinary shares. At no time has Flint
Flint SA uses a calendar year for financial reporting. The company is authorized to issue 8,420,000 R$12 par ordinary shares. At no time has Flint issued any potentially dilutive securities. Listed below is a summary of Flint's ordinary share activities. 1. 2. 3. Number of ordinary shares issued and outstanding at December 31, 2021 Shares issued as a result of a 12% share dividend on September 30, 2022 Shares issued for cash on March 31, 2023 Number of ordinary shares issued and outstanding at December 31, 2023 A 2-for-1 share split of Flint's ordinary shares took place on March 31, 2024 2,012,000 241,440 2,060,000 4,313,440 4. 4 (a) Your Answer Correct Answer Compute the weighted average ordinary shares used in computing earnings per ordinary share for 2022 on the 2023 comparative income statement. shares (b) Your Answer Correct Answer Compute the weighted-average ordinary shares used in computing earnings per ordinary share for 2023 on the 2023 comparative income statement. shares Question Part Score 2/2 (c) Your Answer Correct Answer Compute the weighted average ordinary shares to be used in computing earnings per ordinary share for 2023 on the 2024 comparative income statement. shares e Textbook and Media Solution Attempts: 1 of 2 used (d) Your Answer Correct Answer (Used) Compute the weighted average ordinary shares to be used in computing earnings per ordinary share for 2024 on the 2024 comparative income statement. shares
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