10 CFAS Corporation provided the following information from their financlat statementsDec. 31. 2021Dec. 31. 2022Ordinary share capital, P20 parP14.000.000P16,500,000Share premium5,650,0008.320,000Retained eamings3.250.0006.190.000Treasury shares (at cost)2.300,0003,675,000Treasury shares were 100,000 shares on December 31, 2021 and 150.000 shares on December 31, 2022.Onput your onwers as fures, do NOT put any comma, peso signor extra spaces Es if your answer is one thousand, please input 1000:1. What is the number of outstanding shares on December 31, 2021?2. What is the number of outstanding shares on December 31. 202273. How many shares were issued during 2022?4. What was the average price of additional shares issued in 2022? (Round answer off to two decimal places)

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CFAS Corporation provided the following information from their financiat statements Dec. 31. 2021 Dec. 31. 2022 Ordinary share capital, P20 par P14.000.000 P16,500,000 Share premium 5.650.000 8.320,000 Retained eamings 3.250.000 6.190.000 Treasury shares (at cost) 2.300,000 3,675,000 Treasury shares were 100,000 shares on December 31, 2021 and 150.000 shares on December 31, 2022.(Onput your anwens as fiures do NOT put any coma peso sign or extia spaces Es if your answer is one thousand, please input 100): 1. What is the number of outstanding shares on December 31, 20217 2. What is the number of outstanding shares on December 31. 20227 3. How many shares were issued during 2022? 4. What was the average price of additional shares issued in 2022? (Round answer off to two decimal places)

CFAS Corporation provided the following information from their financiat statements Dec. 31. 2021 Dec. 31. 2022 Ordinary share capital, P20 par P14.000.000 P16,500,000 Share premium 5.650.000 8.320,000 Retained eamings 3.250.000 6.190.000 Treasury shares (at cost) 2.300,000 3,675,000 Treasury shares were 100,000 shares on December 31, 2021 and 150.000 shares on December 31, 2022.(Onput your anwens as fiures do NOT put any coma peso sign or extia spaces Es if your answer is one thousand, please input 100): 1. What is the number of outstanding shares on December 31, 20217 2. What is the number of outstanding shares on December 31. 20227 3. How many shares were issued during 2022? 4. What was the average price of additional shares issued in 2022? (Round answer off to two decimal places)

Cornerstones of Financial Accounting

4th Edition

ISBN:9781337690881

Author:Jay Rich, Jeff Jones

Publisher:Jay Rich, Jeff Jones

Chapter10: Stockholder's Equity

Section: Chapter Questions

Problem 94.1C

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