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The charter of Vista West Corporation specifies that it may issue 203,000 shares of common stock. Since the company was incorporated, it has sold a
The charter of Vista West Corporation specifies that it may issue 203,000 shares of common stock. Since the company was incorporated, it has sold a total of 154,000 shares to the public but bought back a total of 12,000. The par value of the stock is $5 and the stock was sold at an average price of $17. When the stock was bought back from the public, the market price was $28.
** Determine authorized, issued, and outstanding shares** PLEASE SHOW ALL OF YOUR WORK THANKS
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