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determine the outstanding shares and explain how you got answer Required information E11-2 (Algo) Computing Number of Shares LO11-1, 11-3 [The following information applies to
determine the outstanding shares and explain how you got answer
Required information E11-2 (Algo) Computing Number of Shares LO11-1, 11-3 [The following information applies to the questions displayed below.] The charter of Vista West Corporation specifies that it is authorized to issue 213,000 shares of common stock. Since the company was incorporated, it has sold a total of 159,000 shares (at $16 per share) to the public. It has bought back a total of 13,000 . The par value of the stock is $3. When the stock was bought back from the public, the market price was $28. E11-2 Part 3 3. Determine the outstanding shares Step by Step Solution
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