Question
Below is some select information from a company's balance sheet. Common Stock (75,000 shares authorized), $20 par $920,000 Paid-in Capital in Excess of Par -
Below is some select information from a company's balance sheet. Common Stock (75,000 shares authorized), $20 par $920,000 Paid-in Capital in Excess of Par - Common Stock 322,000 Treasury Stock (2,600 shares) 75,400 Paid-in Capital from Sale of Treasury Stock 22,700 Retained Earnings 46,300 How many shares of common stock are outstanding based on the information above?
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Principles Of Financial Accounting
Authors: Jerry J. Weygandt, Michael J. Atkins, Donald E. Kieso, Paul D. Kimmel, Valerie Ann Kinnear, Barbara Trenholm, Joan E. Barlow
1st Canadian Edition
1118757149, 978-1118757147
