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What weighted average number of shares for fro comparative

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Reference no: EM132539701

On January 1, 2019 master company had 250,000 ordinary shares outstanding:

March 1, 2019              sold            24,000 shares

July 1, 2019                issued a 20% share dividend

October 1, 2019             sold 16,000 shares

December 1, 2019         purchased 15,000 treasury shares

June 1, 2020                 issued a 3 for 1 share split

September 1, 2020            sold 60,000 shares

Question 1: What is the weighted average number of shares for 2019 fro comparative financial statements at the end of 2020?

Option a. 980,250

Option b. 329,800

Option c. 984,000

Option d. 969,000

Question 2: What is the weighted average number of shares for 2020 for comparative financial at the end of 2020?

Option a. 1,009,400

Option b. 1,049,400

Option c. 1,169,400

Option d. 989,400

Reference no: EM132539701

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