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What is the number of outstanding shares on december

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Reference no: EM133145200

Question - CFAS Corporation provided the following information from their financial 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 earnings

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. (Input your answers as figures, do NOT put any comma, peso sign or extra spaces. E.g. 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, 2022?

3. How many shares were issued during 2022?

4. What was the average price of additional shares issued in 2022?

Reference no: EM133145200

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