Nash SA uses a calendar year for financial reporting. The company is authorized to Issue 8,850,000 R$12 par ordinary shares. At no time has Nash issued any potentially dilutive securities. Listed below is a summary of Nash's ordinary share activities 1. 2 3. 4. a) Number of ordinary shares issued and outstanding at December 31, 2021 Shares issued as a result of a 12% share dividend on September 30, 2022 Shares issued for cash on March 31, 2023 Number of ordinary shares issued and outstanding at December 31, 2023 A2-for-1 share split of Nash's ordinary shares took place on March 31, 2024 2,000,000 249,600 2.060,000 4,389,600 Compute the weighted-average ordinary shares used in computing earnings per ordinary share for 2022 on the 2023 comparative income statement.
Nash SA uses a calendar year for financial reporting. The company is authorized to Issue 8,850,000 R$12 par ordinary shares. At no time has Nash issued any potentially dilutive securities. Listed below is a summary of Nash's ordinary share activities 1. 2 3. 4. a) Number of ordinary shares issued and outstanding at December 31, 2021 Shares issued as a result of a 12% share dividend on September 30, 2022 Shares issued for cash on March 31, 2023 Number of ordinary shares issued and outstanding at December 31, 2023 A2-for-1 share split of Nash's ordinary shares took place on March 31, 2024 2,000,000 249,600 2.060,000 4,389,600 Compute the weighted-average ordinary shares used in computing earnings per ordinary share for 2022 on the 2023 comparative income statement.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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
Transcribed Image Text:Nash SA uses a calendar year for financial reporting. The company is authorized to issue 8,850,000 R$12 par ordinary shares. At no
time has Nash issued any potentially dilutive securities. Listed below is a summary of Nash's ordinary share activities
1
2
3.
4.
(a)
Number of ordinary shares issued and outstanding at December 31, 2021
Shares issued as a result of a 12% share dividend on September 30, 2022
Shares issued for cash on March 31, 2023
Number of ordinary shares issued and outstanding at December 31, 2023
A 2-for-1 share split of Nash's ordinary shares took place on March 31, 2024
2,080,000
249,600
2,060,000
4,389,600
Compute the weighted-average ordinary shares used in computing earnings per ordinary share for 2022 on the 2023
comparative income statement.
shares
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