a company issued 500,000 of its 2 million shares of authorized common stock. at the end of the accounting period 450,000 shares are outstanding. how many shares of treasury stock does the company have?  a) 0 b) 50,000 c) 1.5 million d) 450,000

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Stockholder's Equity

The stockholders’ equity (often referred to as the book value of the company) is the number of assets available to the stockholder after its entire liabilities is paid off. The stockholders’ equity is also sometimes referred to as owner's equity. The stockholders’ equity or book value generally includes common stock, treasury stock retained earnings. It is an indicator of a company's financial strength and is an important item on the company's balance sheet.