Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

The equity section of a company for the last 2 years shows the following: - Share capital 885 M Euros in 2020 (777 M euros

The equity section of a company for the last 2 years shows the following:

- Share capital 885 M Euros in 2020 (777 M euros in 2019)

- Share premium 3,555 M euros in 2020 (2,941 M euros in 2019)

- Retained earnings 6,241 M euros in 2020 (5,293 M euros is 2019)

- Treasury shares 82 M euros in 2020 (50 M euros in 2019)

Assuming the par value of the company shares is 2 euros. Which of the following statement is correct regarding 2020? do calculation please

The company has issued 54 million new shares

The company has issued 108 million new shares

The company has issued 722 million new shares

The company has issued 361 million new shares

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Students also viewed these Accounting questions