Solution-What was the weighted average number of ordinary

What was the weighted average number of ordinary shares

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Problem - Eggplant Solutions Inc. had 150,000 ordinary shares outstanding on January 1, 2018. On April 1, 2018, Eggplant issued an additional 80,000 shares. On June 1, 2018, the company declared and issued a two-for-one stock split. On July 1, 2018, Eggplant repurchased 60,000 ordinary shares and cancelled them. On October 1, 2018, Eggplant issued an additional 20,000 ordinary shares. On November 1, 2018, Eggplant declared and issued a 10% stock dividend. What was the weighted average number of ordinary shares outstanding in 2018?

Reference no: EM132910939

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What was the weighted average number of ordinary shares

Reference no: EM132910939

Reference no: EM132910939

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