Homework Answers
Answer:-
| Event | Date | Share | Stock Dividend Restatement | Stock Split Restatement | After Restatement | No. of month | 12 month | Weighted Shares |
| Beginning. | Jan 1 to Feb 1 | 510,000 | 1.25 | 3 | 1,912,500 | 1 | 12 | 159,375 |
| issue Share | Feb 1 to Mar 1 | 524,600 | 1.25 | 3 | 1,967,250 | 1 | 12 | 163,938 |
| Stock Dividend | Mar 1 to Jun 1 | 655,750 | 3 | 1,967,250 | 3 | 12 | 491,813 | |
| Reacquired Share | Jun 1 to Jul 1 | 652,100 | 3 | 1,956,300 | 1 | 12 | 163,025 | |
| issue Share | Jul 1 to Sep 1 | 657,600 | 3 | 1,972,800 | 2 | 12 | 328,800 | |
| Stock Split | Sep 1 to Dec 1 | 1,972,800 | 3 | - | 3 | 12 | 493,200 | |
| issue Share | Dec 1 to Dec 31 | 1,988,400 | 3 | - | 1 | 12 | 165,700 | |
| Weighted average no. of common share | 1,965,850 |
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Question#2:
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Question#2:
Ivanhoe Corporation began its latest fiscal year on January 1, 2021, with 500,000 common shares outstanding. During the year, the following events occurred: • On February 1, Ivanhoe sold 13,800 additional common shares. • The company declared and issued a 25% stock dividend on March 1. • On June 1, Ivanhoe repurchased and cancelled 3,450 common shares. An additional 4,600 common shares were issued on July 1. • On September 1, Ivanhoe declared and issued a three-for-one stock split....
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