Vibo Corporation had 90,000 shares outstanding in Jan 2020. The corporation distributed 15% share dividend in March and 10% shared dividend in July. After acquiring 10,000 shares of treasury stock in August, the corporation split its share 5:1 in December. How many ordinary shares are outstanding

Vibo Corporation had 90,000 shares outstanding in Jan 2020. The corporation distributed 15% share dividend in March and 10% shared dividend in July. After acquiring 10,000 shares of treasury stock in August, the corporation split its share 5:1 in December. How many ordinary shares are outstanding

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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