Salty Corporation reported 300,000 ordinary shares at the beginning of 2020. In the beginning of 2nd quarter, convertible bondholders opted to exercise their option to convert to shares, resulting to...


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Salty Corporation reported 300,000 ordinary shares at the beginning of 2020. In the beginning of 2nd quarter, convertible<br>bondholders opted to exercise their option to convert to shares, resulting to additional 100,000 shares. In October 1, Spice<br>corporation bought back 50,000 shares as they have spare cash.<br>What is the weighted average outstanding shares for 2020? (no decimal this is<br>not a peso amount)<br>

Extracted text: Salty Corporation reported 300,000 ordinary shares at the beginning of 2020. In the beginning of 2nd quarter, convertible bondholders opted to exercise their option to convert to shares, resulting to additional 100,000 shares. In October 1, Spice corporation bought back 50,000 shares as they have spare cash. What is the weighted average outstanding shares for 2020? (no decimal this is not a peso amount)

Jun 11, 2022
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