The Following Items Were Shown on the Statement of Financial

Essay

The following items were shown on the statement of financial position of Herman Corporation on December 31, 2014: Instructions
Complete the following statements and show your computations.
(a) The number of ordinary shares issued was _______________.
(b) The number of ordinary shares outstanding was ____________.
(c) The sales price of the ordinary shares when issued was €____________.
(d) The cost per treasury share was €_______________.
(e) The average issue price of the ordinary shares was €______________.
(f) Assuming that 25% of the treasury shares is sold at €20 per share, the balance in the Treasury Shares account would be €_______________.