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The following data is available for Cheyenne Corp. at December 31, 2020: Common stock, par $10 (authorized 31000 shares) $217000 Treasury stock (at cost $15
The following data is available for Cheyenne Corp. at December 31, 2020:
Common stock, par $10 (authorized 31000 shares) | $217000 |
Treasury stock (at cost $15 per share) | $1125 |
Based on the data, how many shares of common stock are outstanding?
21625.
21700.
31000.
24725.
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