Provide solution comparative statement of financial position at year-end:Levi Company provided the following information from a20212020Share capital, P5 parShare premiumRetained earningsTreasury shares, at cost, 600,000 in 2021and 400,000 in 20207,500,00052,000,00019,500,0004,500,00040,000,00015,500,0007,000,0005,000,0001 What is the number of outstanding shares on December31, 2021?a. 1,500,000b. 1,000,000900,000600,000с.d.2. What is the number of outstanding shares on December31, 2020?a. 900,000b. 500,000c. 400,000d. 700,0003. How many shares were issued during 2021?a. 600,000b. 300,000c. 200,000d. 500,0004. What was the average price of additional shares issuedin 2021?а. 25b. 20с. 10d.

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reasury shares, at cost, 600,000 in 2021 mparative statement of financial position at year-end: evi Company provided the following information from a 2021 2020 nare capital, P5 par mare premium etained earnings 7,500,000 52,000,000 19,500,000 4,500,000 40,000,000 15,500,000 and 400,000 in 2020 7,000,000 5,000,000 What is the number of outstanding shares on December 31, 2021? a. 1,500,000 b. 1,000,000 900,000 C. 600,000 d.

reasury shares, at cost, 600,000 in 2021 mparative statement of financial position at year-end: evi Company provided the following information from a 2021 2020 nare capital, P5 par mare premium etained earnings 7,500,000 52,000,000 19,500,000 4,500,000 40,000,000 15,500,000 and 400,000 in 2020 7,000,000 5,000,000 What is the number of outstanding shares on December 31, 2021? a. 1,500,000 b. 1,000,000 900,000 C. 600,000 d.

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 15E

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