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On January 1, 2022, Splish Ltd. had 459,000 ordinary shares outstanding. During 2022, it had the following transactions that affected the ordinary share account.

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On January 1, 2022, Splish Ltd. had 459,000 ordinary shares outstanding. During 2022, it had the following transactions that affected the ordinary share account. February 1 Issued 123,000 shares March 1 Issued a 20% share dividend May 1 Acquired 101,000 treasury shares June 1 Issued a 3-for-1 share split October 1 Reissued 57,000 treasury shares (a) (b) Your Answer Correct Answer Determine the weighted-average ordinary shares outstanding for 2022. Weighted-average ordinary shares outstanding eTextbook and Media Solution Your Answer Correct Answer shares Attomnte- 1 of 2 used Assume that Splish Ltd. earned net income of 3,577,000,000 during 2022. In addition, it had 95,000 shares of 9%, 100 par, non-convertible, non-cumulative preference shares outstanding for the entire year. Because of liquidity considerations, however, the company did not declare and pay a preference dividend in 2022. Compute earnings per share for 2022, using the weighted-average ordinary shares determined in part (a). (Round answer to 2 decimal places, e.g. 2,150.25.) Earnings per share eTextbook and Media Solution

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