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(37 of 40) Ann Inc. had the following information on their Balance Sheet: Common stock, $5 par, 20 million shares authorized, 15 million shares issued

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(37 of 40) Ann Inc. had the following information on their Balance Sheet: Common stock, $5 par, 20 million shares authorized, 15 million shares issued Additional Paid-in Capital Retained Earnings Treasury Stock, at cost, 6 million shares Total Equity $75 million 520 million 197 million (72 million) $720 million How many of Ann's common shares are outstanding? 14 million 9 million 5 million None of these answer choices are correct

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