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Question 7 The charter of Spiggott Ltd. specified a maximum of 25,000 common shares. At the current date, 5,000 shares remain unissued, and 2,000 of
Question 7
The charter of Spiggott Ltd. specified a maximum of 25,000 common shares. At the current date, 5,000 shares remain unissued, and 2,000 of the issued shares have been reacquired and are still held by President's Corporation. Fill in the following chart with the number of shares.
| Type | Shares |
| A. Issued |
|
| B. Unissued |
|
| C. Authorized |
|
| D. Outstanding |
|
| E. Treasury shares |
|
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