The following data is available for Coronado Service Corporation at December 31, 2020: Common stock, par $10 (authorized 100000 shares) Treasury Stock (at cost $15 per share) $411000 O 39300 O 50000 O 41100 O 49100 27000 Based on the data, how many shares of common stock are outstanding?

FINANCIAL ACCOUNTING
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Chapter1: Financial Statements And Business Decisions
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The following data is available for Coronado Service Corporation at December 31, 2020:
Common stock, par $10 (authorized 100000 shares)
Treasury Stock (at cost $15 per share)
Based on the data, how many shares of common stock are outstanding?
Ⓒ 39300
O 50000
O 41100
O 49100
$411000
27000
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Transcribed Image Text:The following data is available for Coronado Service Corporation at December 31, 2020: Common stock, par $10 (authorized 100000 shares) Treasury Stock (at cost $15 per share) Based on the data, how many shares of common stock are outstanding? Ⓒ 39300 O 50000 O 41100 O 49100 $411000 27000 Save for Later Attempts: 0 of 4 used Submit Answer
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