Douglas Corporation had 120,000 ordinary shares outstanding on January 1, 2015. On May 1, 2015, Douglas issued
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Douglas Corporation had 120,000 ordinary shares outstanding on January 1, 2015. On May 1, 2015, 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 2015.
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Related Book For
Intermediate Accounting IFRS Edition
ISBN: 9781118443965
2nd Edition
Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield
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