Question: Use the information selected from WHITE BIRD Co. which established on 1/1/2020, by issued 160000 ordinary shares at $2 par value per share. On 30/6/2020,

Use the information selected from WHITE BIRD Co. which established on

Use the information selected from WHITE BIRD Co. which established on 1/1/2020, by issued 160000 ordinary shares at $2 par value per share. On 30/6/2020, Issued new 16000 ordinary shares. On 30/9/2020, Split ordinary shares by 1 to 2 . Net income for 2020 is 68200 dollars. Dividends for 2020 is 17500 dollars. Paid in capital $55000. No preferred shares. Required: answer the following four questions (14) : 1. Number of outstanding ordinary shares at 31/12/2020. Is: A. 336000 shares. B. 330000 shares. C. 352000 shares. D. 315000 shares. 2. Weighted average of outstanding ordinary shares at 31/12/2020. Is: A. 336000 shares. B. 315000 shares. C. 330000 shares. D. 352000 shares. 3. Earnings per share for 2020 is: A. 19.2% B. 20.3%. C. 37.5%. D. 23.2%

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