Douglas Corporation had 120,000 ordinary shares outstanding on January 1, 2010. On May 1, 2010, Douglas issued 60,000 ordinary shares. On July 1, Douglas purchased 10,000 treasury shares, which were reissued on October 1. Compute Douglas’s weighted average number of ordinary shares outstanding for 2010.
Answer to relevant QuestionsTomba Corporation had 300,000 ordinary shares outstanding on January 1, 2010. On May 1, Tomba issued 30,000 ordinary shares. (a) Compute the weighted-average number of shares outstanding if the 30,000 shares were issued for ...Ferraro, Inc. established a share-appreciation rights (SAR) program on January 1, 2010, which entitles executives to receive cash at the date of exercise for the difference between the market price of the shares and the ...On September 1, 2010, Lin Company sold at 104 (plus accrued interest) 30,000 of its 8%, 10-year, ¥10,000 face value, non-convertible bonds with detachable share warrants. Each bond carried two detachable warrants. Each ...On January 1, 2010, Chang Corp. had 480,000 ordinary shares outstanding. During 2010, it had the following transactions that affected the ordinary share account.February 1..........................Issued 120,000 sharesMarch ...Berg Company adopted a share-option plan on November 30, 2009, that provided that 70,000 shares of $5 par value ordinary shares be designated as available for the granting of options to officers of the corporation at a price ...
Post your question