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The following data has been collected about Keller Company's stockholders' equity accounts: Common stock $10 par value 19,000 shares authorized and 9,500 shares issued, 2,100
The following data has been collected about Keller Company's stockholders' equity accounts:
Common stock $10 par value 19,000 shares authorized and 9,500 shares issued, 2,100 shares outstanding | $95,000 |
Paid-in capital in excess of par value, common stock | 49,000 |
Retained earnings | 24,000 |
Treasury stock | 23,940 |
Assuming the treasury shares were all purchased at the same price, the number of shares of treasury stock is:
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49,000.
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24,000.
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19,000.
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7,400.
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95,000.
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