Cooren Ltd Has 1,520,000 Ordinary Shares on Issue at the Beginning

question 4

Multiple Choice

Cooren Ltd has 1,520,000 ordinary shares on issue at the beginning of the year,1 July 2004.These shares were issued at $2.00 each and have a current market value of $3.50.On 1 October 2004,400,000 ordinary fully paid shares were issued for at the current market value of these shares.On 1 March 2005 Cooren Ltd bought back 100,000 shares originally issued at $2.50 for $3.25 each.What is the weighted average number of shares calculated in accordance with AASB 133?

• A) 1,515,178
• B) 1,785,753
• C) 1,751,707
• D) 1,820,000
• E) None of the given answers.

Analyze the independence of events through probability.

Utilize Venn diagrams and tree diagrams for visual representation of event relationships.

Understand the concepts of experiments and sample spaces.

Differentiate between mutually exclusive and independent events.

---

Definitions:

Contingent Liability

A potential financial obligation that may occur in the future, depending on the outcome of a specific event.

Financial Statements

Reports that provide an overview of a company's financial condition, including the balance sheet, income statement, and cash flow statement.

Social Security Tax

A tax that funds the Social Security program, which provides benefits for retired workers, disabled individuals, and their dependents.

Fiscal Year-End

The completion of a one-year, or 12-month, accounting period, after which a company will prepare financial statements.