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Question 3 10 points PLC started operating on January 1st, 2020, authorized to issue 5,000,000 ordinary shares. During the year, the company issued 3,000,000 ordinary
Question 3 10 points PLC started operating on January 1st, 2020, authorized to issue 5,000,000 ordinary shares. During the year, the company issued 3,000,000 ordinary shares. On December 31st, 2020, the company company cancelled 350,000 ordinary shares. The balanced sheet indicates that the company's shareholder's equity is valued at ($10,000,000). awarded Required A Given the above information, calculate the number of shares remaining yet to be issued on December, 31st 2020. (5 marks) 2. Given this information, calculate the number of shares outstanding by 31st December, 2020 ( 5 marks) i TTT Arial 3 (12pt) 25 1
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