Raha company had 420,000 ordinary shares authorized and 180,000 shares outstanding at the beginning of current year. January 31 Declared 10% share dividend June 30 Purchased 60,000 shares August 1 Reissued 30,000 shares November 30 Declared 2-for-1 share split How many ordinary shares are outstanding at year-end?
Raha company had 420,000 ordinary shares authorized and 180,000 shares outstanding at the beginning of current year. January 31 Declared 10% share dividend June 30 Purchased 60,000 shares August 1 Reissued 30,000 shares November 30 Declared 2-for-1 share split How many ordinary shares are outstanding at year-end?
Chapter14: Corporation Accounting
Section: Chapter Questions
Problem 10Q: On April 2, West Company declared a cash dividend of $0.50 per share. There are 50,000 shares...
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Raha company had 420,000 ordinary shares authorized and 180,000 shares outstanding at the beginning of current year.
January 31 | Declared 10% share dividend |
---|---|
June 30 | Purchased 60,000 shares |
August 1 | Reissued 30,000 shares |
November 30 | Declared 2-for-1 share split |
How many ordinary shares are outstanding at year-end?
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