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Let's examine your ability to calculate stock shares issued and outstanding. Assume the following transactions during the year (assume those transactions took place in numerical
Let's examine your ability to calculate stock shares issued and outstanding. Assume the following transactions during the year (assume those transactions took place in numerical order:
) Issued 100,000 shares of stock
2) Authorized a 2 for 1 stock split
3) Bought back 30,000 shares of Treasury Stock
4) Issued a 15% stock dividend
5) Re-issued 10,000 shares of stock
As of year end, how many shares are: 1) issued, 2) outstanding and 3) in Treasury stock
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