Question
Assume the following information for Western Sales, Inc.: Common Stock, $1.00 par, 222,000 shares issued, 184,000 shares outstanding Paid - In Capital in Excess
Assume the following information for Western Sales, Inc.: Common Stock, $1.00 par, 222,000 shares issued, 184,000 shares outstanding Paid - In Capital in Excess of Par-Common: $1,650,000 Retained Earnings: $2,440,000 Treasury Stock: 38,000 shares purchased at $14 per share If Western Sales purchases an additional 14,000 shares of treasury stock at $15 per share, what number of shares will be shown as issued and outstanding? OA. 222,000 issued; 170,000 outstanding OB. 184,000 issued; 184,000 outstanding C. 222,000 issued; 184,000 outstanding OD. 208,000 issued; 184,000 outstanding
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Financial accounting
Authors: Walter T. Harrison Jr., Charles T. Horngren, C. William Thom
9th edition
978-0132751216, 132751127, 132751216, 978-0132751124
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