
a.
Compute the number of outstanding shares of common stock of Company TS, at the beginning and end of the year.
b.
Indicate the amount of total common stock dividend declared by Company TS.
c.
Explain the reason as to why the company reported the same number of shares at the beginning of the year and end of the year, despite the issue of the shares during the year.
d.
Compute the average price of share at the beginning of the year at which the
e.
Indicate whether the reissue price of the treasury stock was lesser or more than the amount paid by Company TS to acquire the shares.
f.
Compute the average price of share in the current year at which the treasury stock was purchased by the company.
g.
Indicate whether the weighted number of shares reported in the annual report, or the number of shares computed in Part (a) is used in computation of earnings per share (EPS), and in the computation of book value per share.

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Chapter 12 Solutions
Financial & Managerial Accounting
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