Walker Ltd. had the following share transactions in 2021: Event Shares Opening balance, common shares, January 1, 2021 120,000 Common shares issued, March 1, 2021 60,000 Preferred shares issued, May 1, 2021 25,000 Common shares repurchased, June 1, 2021 30,000 What was the weighted average number of common shares outstanding in 2021? Question 7 options: 112,500 169,166 152,500 150,000
Walker Ltd. had the following share transactions in 2021: Event Shares Opening balance, common shares, January 1, 2021 120,000 Common shares issued, March 1, 2021 60,000 Preferred shares issued, May 1, 2021 25,000 Common shares repurchased, June 1, 2021 30,000 What was the weighted average number of common shares outstanding in 2021? Question 7 options: 112,500 169,166 152,500 150,000
Cornerstones of Financial Accounting
4th Edition
ISBN:9781337690881
Author:Jay Rich, Jeff Jones
Publisher:Jay Rich, Jeff Jones
Chapter10: Stockholder's Equity
Section: Chapter Questions
Problem 5MCQ
Related questions
Question
Walker Ltd. had the following share transactions in 2021:
Event |
Shares |
Opening balance, common shares, January 1, 2021 |
120,000 |
Common shares issued, March 1, 2021 |
60,000 |
|
25,000 |
Common shares repurchased, June 1, 2021 |
30,000 |
What was the weighted average number of common shares outstanding in 2021?
Question 7 options:
112,500 |
|
169,166 |
|
152,500 |
|
150,000 |
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