Question
Caleb Corporation has 1,000,000 shares of authorized stock with 500,000 shares issued and 100,000 shares of treasury stock as of December 31, 2016. How many
Caleb Corporation has 1,000,000 shares of authorized stock with 500,000 shares issued and 100,000 shares of treasury stock as of December 31, 2016. How many shares of outstanding stock does Caleb Corporation have on December 31, 2016?
a. 100,000
b. 400,000
c. 500,000
d. 600,000
e. 1,000,000
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Ethical Issues In Business A Philosophical Approach
Authors: Thomas Donaldson, Patricia H. Werhane, Margaret Cording
7th Edition
0130923877, 978-0130923875
