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TB MC Qu . 1 1 - 9 1 ( Algo ) Aviation Incorporated has... Avation Incorporated has 1 3 7 , 0 0 0

TB MC Qu

. 11 - 91 (

Algo

)

Aviation Incorporated has...

Avation Incorporated has

137, 000

shares authorized,

127, 000

shares issued and no treasury stock. Determine the number of shares outstanding.

Multiple Choice

137, 000 .

127, 000 .

10, 000 .

None of the abovel

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