Micky and Donald Corp

question 40

Essay

Micky and Donald Corp. was founded on January I,2013. At that time it issued 120,000 ordinary shares and 20,000,$30,cumulative 5% preferred shares. Subsequent transactions affecting its shareholdings follow.
2013
2014
Requirements:
a. What was Micky's weighted average number of ordinary shares outstanding in 2014?
b. What was Micky's basic BPS in 2014?

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Definitions:

Creutzfeldt-Jakob Disease

An uncommon, progressive, always lethal brain disease that impacts roughly one out of every million individuals annually.

Alzheimer's Disease

A progressive neurodegenerative disease that causes memory loss and cognitive decline.

Creutzfeldt-Jakob Disease

A rare, degenerative, invariably fatal brain disorder caused by an abnormal form of a protein, leading to rapid cognitive decline and, eventually, death.

Huntington's Disease

A genetic disorder that causes the progressive breakdown of nerve cells in the brain, affecting an individual’s functional abilities and usually resulting in movement, cognitive, and psychiatric disorders.