Bulls Corporation was incorporated on January 2, 2018. The following information pertains to Bulls’ ordinary share transactions during the year. January 1 Number of shares authorized 40,000 February 1 Number of shares issued 30,000 July 1 Number of shares reacquired but not canceled 2,500 December 1 Four-for- one split What is the number of Bulls Corporation’s ordinary share outstanding at December 31, 2018? _________
Bulls Corporation was incorporated on January 2, 2018. The following information pertains to Bulls’ ordinary share transactions during the year. January 1 Number of shares authorized 40,000 February 1 Number of shares issued 30,000 July 1 Number of shares reacquired but not canceled 2,500 December 1 Four-for- one split What is the number of Bulls Corporation’s ordinary share outstanding at December 31, 2018? _________
Intermediate Accounting: Reporting And Analysis
3rd Edition
ISBN:9781337788281
Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Chapter16: Retained Earnings And Earnings Per Share
Section: Chapter Questions
Problem 5MC: Kent Corporation was organized on January 1, 2014. On that date, it issued 200,000 shares of 10 par...
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Bulls Corporation was incorporated on January 2, 2018. The following information pertains to Bulls’ ordinary share transactions during the year.
January 1 Number of shares authorized 40,000
February 1 Number of shares issued 30,000
July 1 Number of shares reacquired but not canceled 2,500
December 1 Four-for- one split
What is the number of Bulls Corporation’s ordinary share outstanding at December 31, 2018? _________
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