Question: Please complete in the fields provided. Also include any calculations used. 2020 202t During the year, the following transactions occurred: 2020 June 1 Reacquired 12,000
Please complete in the fields provided. Also include any calculations used.
2020 202t During the year, the following transactions occurred: 2020 June 1 Reacquired 12,000 common shares for $10 per share. July 1 Issued 45,000 common shares for $11 per share. Sept. 30 Reacquired 9,000 common shares for $10.50 per share. 5021 Jan. 31 Issued 54,000 common shares in exchange for land. The land's fair value was $594.000. Mar. 31 Profit for the year ended March 31,2021, was $1,073,000. (a) Calculate the weighted average number of common shares for the year. Weighted average number of common shares
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
