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What is the weighted-average number of shares calculated

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Question 1: Cooren Ltd has 1 520 000 ordinary shares on issue at the beginning of the year, 1 July 2014. These shares were issued at $2.00 each and have a current market value of $3.50. On 1 October 2014, 400 000 ordinary fully paid shares were issued for at the current market value of these shares. On 1 March 2015 Cooren Ltd bought back 100 000 shares originally issued at $2.50 for $3.25 each. What is the weighted-average number of shares calculated in accordance with AASB 133?

Reference no: EM132549876

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