Question
The following data is available for BOX Corporation at December 31, 2017: Common stock, par $10 (authorized 30,000 shares, issued 25,000 shares) $250,000 Treasury stock
The following data is available for BOX Corporation at December 31, 2017:
Common stock, par $10 (authorized 30,000 shares, issued 25,000 shares) $250,000
Treasury stock (80 shares acquired at a cost of $15/share) ($1,200)
Based on the data, how many shares of common stock are outstanding?
| 30,000 | ||
| 25,000 | ||
| 24,920 | ||
| 29,920 |
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Advanced Accounting
Authors: Susan S. Hamlen
4th Edition
1618532618, 9781618532619
