The following data were obtained from Bolan, In Authorized Shares Issued Shares 20,000 15,000 Treasury Stock Shares 3,000 The number of outstanding shares is: O 12,000

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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The following data were obtained from Bolan, Inc.:
Authorized
20,000
Shares
Issued Shares
15,000
Treasury Stock
Shares
3,000
The number of outstanding shares is:
12,000
15,000
O 17,000
18,000
O 20,000
Transcribed Image Text:The following data were obtained from Bolan, Inc.: Authorized 20,000 Shares Issued Shares 15,000 Treasury Stock Shares 3,000 The number of outstanding shares is: 12,000 15,000 O 17,000 18,000 O 20,000
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