A Mick Limited has a year end 31/12/2011. The following transactions in shares took place during the
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A Mick Limited has a year end 31/12/2011. The following transactions in shares took place during the year:
1 January ordinary shares in issue 3,500,000
1 April 260,000 shares issued 260,000
1 May 420,000 shares issued 420,000
1 December 100,000 shares repurchased (100,000) As at 31 December 2,695,000
Calculate the weighted average number of shares at the end of the reporting period
Related Book For
Financial Accounting IFRS
ISBN: 978-1118285909
2nd edition
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
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