Required information E11-2 (Algo) Computing Number of Shares LO11-1, 11-3 [The following information applies to the questions displayed below.] The charter of Vista West Corporation specifies that it is authorized to issue 209,000 shares of common stock. Since the company was incorporated, it has sold a total of 157,000 shares (at $16 per share) to the public. It has bought back a total of 11,000. The par value of the stock is $6. When the stock was bought back from the public, the market price was $23. E11-2 Part 3 3. Determine the outstanding shares. Outstanding shares
Required information E11-2 (Algo) Computing Number of Shares LO11-1, 11-3 [The following information applies to the questions displayed below.] The charter of Vista West Corporation specifies that it is authorized to issue 209,000 shares of common stock. Since the company was incorporated, it has sold a total of 157,000 shares (at $16 per share) to the public. It has bought back a total of 11,000. The par value of the stock is $6. When the stock was bought back from the public, the market price was $23. E11-2 Part 3 3. Determine the outstanding shares. Outstanding shares
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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Required information
E11-2 (Algo) Computing Number of Shares LO11-1, 11-3
[The following information applies to the questions displayed below.]
The charter of Vista West Corporation specifies that it is authorized to issue 209,000 shares of common stock. Since the
company was incorporated, it has sold a total of 157,000 shares (at $16 per share) to the public. It has bought back a total
of 11,000. The par value of the stock is $6. When the stock was bought back from the public, the market price was $23.
E11-2 Part 3
3. Determine the outstanding shares.
Outstanding shares](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fd74dc1df-2713-4275-aaf6-805339976289%2F84cefbe2-4f66-4f00-a716-95d2c05ac45e%2Fcuw66da_processed.png&w=3840&q=75)
Transcribed Image Text:!
Required information
E11-2 (Algo) Computing Number of Shares LO11-1, 11-3
[The following information applies to the questions displayed below.]
The charter of Vista West Corporation specifies that it is authorized to issue 209,000 shares of common stock. Since the
company was incorporated, it has sold a total of 157,000 shares (at $16 per share) to the public. It has bought back a total
of 11,000. The par value of the stock is $6. When the stock was bought back from the public, the market price was $23.
E11-2 Part 3
3. Determine the outstanding shares.
Outstanding shares
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