Es Tri Company provided the following information from a comparative statement of financial position: Es Tri Company provided the following information from a compara December 31, 2024 December 31, 2023 Share capital, P5 par 7,500,000 4,500,000 Share premium 52,000,000 40,000,000 Retained earnings 19,500,000 15,500,000 Treasury shares, at cost, 600,000 shares on December 31, 2024 and 400,000 shares on December 31, 2023. 7,000,000 5,000,000 What is the number of outstanding shares on December 31, 2024?
Es Tri Company provided the following information from a comparative statement of financial position: Es Tri Company provided the following information from a compara December 31, 2024 December 31, 2023 Share capital, P5 par 7,500,000 4,500,000 Share premium 52,000,000 40,000,000 Retained earnings 19,500,000 15,500,000 Treasury shares, at cost, 600,000 shares on December 31, 2024 and 400,000 shares on December 31, 2023. 7,000,000 5,000,000 What is the number of outstanding shares on December 31, 2024?
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
Chapter15: Contributed Capital
Section: Chapter Questions
Problem 17E
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- Es Tri Company provided the following information from a comparative
statement of financial position :
Es Tri Company provided the following information from a compara
|
December 31, 2024 |
December 31, 2023 |
Share capital, P5 par |
7,500,000 |
4,500,000 |
Share premium |
52,000,000 |
40,000,000 |
|
19,500,000 |
15,500,000 |
Treasury shares, at cost, 600,000 shares on December 31, 2024 and 400,000 shares on December 31, 2023. |
7,000,000 |
5,000,000 |
What is the number of outstanding shares on December 31, 2024?
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