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Determine the number of outstanding ordinary shares

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Reference no: EM132920067

Question - Preference share capital, cumulative, 300 shares authorized, 200 shares issued and outstanding: ¥10,000

Ordinary share capital, no par, 25,000 shares authorized, 22,000

shares issued: ¥40,000

Retained earnings (before dividends are declared) : ¥60,000

Treasury shares, 300 ordinary shares at cost: - ¥2,130

Suppose there is a stated value, look for the stated value of ordinary shares; and determine the number of outstanding ordinary shares.

Reference no: EM132920067

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