Question
The following data is available for a certain corporation at December 31: Common stock, par $2 (authorized 300,000 shares), $ 250,000 Treasury stock (at cost
The following data is available for a certain corporation at December 31: Common stock, par $2 (authorized 300,000 shares), $ 250,000 Treasury stock (at cost $10 per share), $1,200 Based on the data, how many shares of common stock are outstanding?
Group of answer choices
124,880
125,000
149,880
300,000
298,880
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Cost Accounting Planning And Control
Authors: Adolph Matz, Milton F. Usry
10th Edition
0538809256, 978-0538809252
