Share capital, P5 par Share premium Retained Earnings Treasury shares at cost Dec. 31, 2019 Dec. 31, 2018 P7,500,000 P4,500,000 52,000,000 10,000,000 19,500,000 15,500,000 7,000,00 5,000,00 Treasury shares were 600,000 on Decenber 31, 2019 and 400,000 on December 31, 2018. How many shares are issued and outstanding as of December 31. 2019?

Share capital, P5 par Share premium Retained Earnings Treasury shares at cost Dec. 31, 2019 Dec. 31, 2018 P7,500,000 P4,500,000 52,000,000 10,000,000 19,500,000 15,500,000 7,000,00 5,000,00 Treasury shares were 600,000 on Decenber 31, 2019 and 400,000 on December 31, 2018. How many shares are issued and outstanding as of December 31. 2019?

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 33CE

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