Question
Montana Company was authorized to issue 140,000 shares of common stock. The company had issued 63,000 shares of stock when it purchased 10,000 shares of
Montana Company was authorized to issue 140,000 shares of common stock. The company had issued 63,000 shares of stock when it purchased 10,000 shares of treasury stock. The number of outstanding shares of common stock was:
130,000
73,000
53,000
63,000
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Intermediate Accounting
Authors: J. David Spiceland, James Sepe, Mark Nelson
6th edition
978-0077400163
