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Please answer ASAP! Ivanhoe Ltd. had the following share transactions during its first year of operations: Jan. 6 Issued 160,000 common shares for $1.55 per
Please answer ASAP!
Ivanhoe Ltd. had the following share transactions during its first year of operations: Jan. 6 Issued 160,000 common shares for $1.55 per share. Jan. 12 Issued 40,000 common shares for $1.80 per share. Mar. 17 Issued 800 preferred shares for $105 per share. July 18 Issued 800,000 common shares for $2 per share. Nov. 17 Reacquired 160,000 common shares for $1.95 per share. Dec. 30 Reacquired 120,000 common shares for $1.80 per share. How many common shares remain at the end of the year? (Round average per share to 2 decimal places, e.g. 2.75.) Remaining common shares Average per share $Step by Step Solution
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