FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

The charter of a corporation provides for the issuance of 125,000 shares of common stock. Assume that 65,000 shares were originally issued and 11,300 were

image text in transcribed

The charter of a corporation provides for the issuance of 125,000 shares of common stock. Assume that 65,000 shares were originally issued and 11,300 were subsequently reacquired. What is the number of shares outstanding? Oa. 53,700 Ob. 65,000 Oc. 11,300 Od. 125,000

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Principles Of Auditing

Principles Of Auditing

Authors: Vasuhi M

1st Edition

6206150747, 978-6206150749

More Books

Students also viewed these Accounting questions

Question

★★★★★
Calculate the displacement and velocity at times of (a) 0.500, (b) 1.00, (c) 1.50, and (d) 2.00s for a ball thrown straight up with an initial velocity of 15.0m/s. Take the point of release to be y 0...

Answered: 1 week ago

Question

★★★★★
1. 2. What are the implications for world trade given the ability firms and government organizations now have to communicate across borders so easily?

Answered: 1 week ago

Question

★★★★★
Gregory Williams buys 500 shares of futures contract of ACC for INR950 per share on November

Answered: 1 week ago

Question

★★★★★
Spring Co. bought merchandise from All Co. with terms 2/10, n/30. Joanne Ring, the bookkeeper, forgot to pay the bill within the first 10 days. She went to Mel Ryan, the head accountant, who told her...

Answered: 1 week ago

Question

★★★★★
Submit a SQL query that ranks the number of product units in stock from the Northwind database into five categories. The first category should list the most abundant items in the inventory, the...

Answered: 1 week ago

Question

★★★★★
You are given the following information: State of Return on Stock A Return on Stock B Economy Bear Normal Bull 112 105 083 - .055 .158 243 Assume each state of the economy is equally likely to...

Answered: 1 week ago

Question

★★★★★
GOVERNMENT NSW TAFE Part 1: Sales budget preparation Prepare a Sales budget for 'Health is care' Cafe situated in a Blacktown city hospital for 2016. Health is care Cafe-Sales data for the year ended...

Answered: 1 week ago

Question

★★★★★
Determine miller indices of plane A Z a/2 X a/2 a/2 Y

Answered: 1 week ago

Question

★★★★★
Help Desk Layout Using the internet, research help desk layouts. What types of novel layouts (i.e., not standard cubicles)? Which of these layouts would you prefer to work in?

Answered: 1 week ago

Question

★★★★★
ABN Amro Bank, Amsterdam, wants to purchase Rs.15 m against $ for funding their Vostro account with Canara Bank, New Delhi. Assuming the inter bank, rates of $ is 51.3625 - 3700, what would be the...

Answered: 1 week ago

Question

★★★★★
Operating expenses would include O interest expense. O income tax expense. O freight-out. O freight-out and interest.

Answered: 1 week ago

Question

★★★★★
Give an example of a social business situation and what your goal might be in attending the function. (Objective 2)

Answered: 1 week ago

Question

★★★★★
Your last task before proofreading the annual report youve assembled for Ridgedale Bank is to prepare the last four visual aids. Use the following data, and prepare the appropriate graphic aids. The...

Answered: 1 week ago

Question

★★★★★
Identify at least five soft skills that employers are seeking in their prospective employees. (Objective 1)

Answered: 1 week ago

Previous Question Next Question