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Assume the following information for Western Sales, Inc Question 10 of 33 Common Stock, $1.00 par, 206,000 shares issued, 180,000 shares outstanding Paid - In
Assume the following information for Western Sales, Inc Question 10 of 33 Common Stock, $1.00 par, 206,000 shares issued, 180,000 shares outstanding Paid - In Capital in Excess of Par-Common $1,730,000 Retained Earnings: $2,640,000 Treasury Stock: 26,000 shares purchased at $14.00 per share If Western Sales purchases an additional 10,000 shares of treasury stock at $18.00 per share, what number of shares will be shown as issued and outstanding? A. 206,000 issued; 170,000 outstanding B. 196,000 issued; 180,000 outstanding C. 206,000 issued; 180,000 outstanding D. 180,000 issued; 180,000 outstanding
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