Es Tri Company provided the following information from a comparative statement of financial position: Es Tri Company provided the following information from a compara December 31, 2024 December 31, 2023 Share capital, P5 par 7,500,000 4,500,000 Share premium 52,000,000 40,000,000 Retained earnings 19,500,000 15,500,000 Treasury shares, at cost, 600,000 shares on December 31, 2024 and 400,000 shares on December 31, 2023. 7,000,000 5,000,000 What is the number of outstanding shares on December 31, 2024?
Es Tri Company provided the following information from a comparative statement of financial position: Es Tri Company provided the following information from a compara December 31, 2024 December 31, 2023 Share capital, P5 par 7,500,000 4,500,000 Share premium 52,000,000 40,000,000 Retained earnings 19,500,000 15,500,000 Treasury shares, at cost, 600,000 shares on December 31, 2024 and 400,000 shares on December 31, 2023. 7,000,000 5,000,000 What is the number of outstanding shares on December 31, 2024?
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Question
- Es Tri Company provided the following information from a comparative
statement of financial position :
Es Tri Company provided the following information from a compara
|
|
December 31, 2024 |
December 31, 2023 |
|
Share capital, P5 par |
7,500,000 |
4,500,000 |
|
Share premium |
52,000,000 |
40,000,000 |
|
|
19,500,000 |
15,500,000 |
|
Treasury shares, at cost, 600,000 shares on December 31, 2024 and 400,000 shares on December 31, 2023. |
7,000,000 |
5,000,000 |
What is the number of outstanding shares on December 31, 2024?
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