Assignment 2- Weighted average number of shares: Justina Co. a listed Company - has the following share transactions during 2017: - Shares issued: Date: 1 January: 31 May: 1 December: Details: Balance at the beginning of the year Issue of new shares for cash Purchase of treasury shares Balance at year 200,000 80,000 Treasury shares: 30,000 25,000 Shares outstanding: 31 December: end Complete the table and calculate the weighted average number of shares outstanding for 2017!
Assignment 2- Weighted average number of shares: Justina Co. a listed Company - has the following share transactions during 2017: - Shares issued: Date: 1 January: 31 May: 1 December: Details: Balance at the beginning of the year Issue of new shares for cash Purchase of treasury shares Balance at year 200,000 80,000 Treasury shares: 30,000 25,000 Shares outstanding: 31 December: end Complete the table and calculate the weighted average number of shares outstanding for 2017!
Chapter1: Financial Statements And Business Decisions
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Transcribed Image Text:Assignment 2- Weighted average number of shares:
Justina Co.
Date:
1 January:
-a listed Company - has the following share transactions during 2017:
Shares issued:
31 May:
1 December:
Details:
Balance at the
beginning of the
year
Issue of new
shares for cash
Purchase of
treasury shares
Balance at year
200,000
80,000
Treasury
shares:
30,000
25,000
Shares
outstanding:
31 December:
end
Complete the table and calculate the weighted average number of shares outstanding for
2017!
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