The charter of a corporation provides for the issuance of 100,000 shares of common stock. Assume that 45,000 shares were originally issued and 5,000 were subsequently reacquired. What is the number of shares outstanding? Oa. 40,000 Ob.45,000 Oc. 50,000 Od.5,000 Question 7 A Moving to the next question prevents changes to this answer.

The charter of a corporation provides for the issuance of 100,000 shares of common stock. Assume that 45,000 shares were originally issued and 5,000 were subsequently reacquired. What is the number of shares outstanding? Oa. 40,000 Ob.45,000 Oc. 50,000 Od.5,000 Question 7 A Moving to the next question prevents changes to this answer.

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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