The articles of incorporation allow for the issuance of 4,000,000 shares of common stock. The company issued 80,000 shares of common stock and repurchased 5,000 shares. What is the number of shares outstanding?

FINANCIAL ACCOUNTING
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Author:Libby
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Chapter1: Financial Statements And Business Decisions
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The articles of incorporation allow for the issuance of 4,000,000 shares of
common stock. The company issued 80,000 shares of common stock and
repurchased 5,000 shares. What is the number of shares outstanding?

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Step 1

STATEMENT OF SHAREHOLDERS EQUITY

Statement of Shareholders Equity is also Known as Changes in Stockholders Equity.

Statement of Shareholders Equity is explains the changes in a company's Share Capital, Accumulated Reserve & Surplus and Retained Earnings over the Reporting Period.

Statement of Shareholders Equity is a financial document of a company issues as part of its balance sheet.

 

Shares outstanding is the total number of shares issued and actively held by stockholders.

No. Of Outstanding Shares is Computed :— 

= Total Shares Issued - Share Repurchase

 

 

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