Question
The following data is available for Santos Service Corporation at December 31, 2017: Common stock, par $10 (authorized 100,000 shares)..........$900,000 Treasury Stock (at cost $15
The following data is available for Santos Service Corporation at December 31, 2017:
Common stock, par $10 (authorized 100,000 shares)..........$900,000
Treasury Stock (at cost $15 per share) ...................................$27,000
Based on the data, how many shares of common stock are outstanding?
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Accounting Principles
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
10th Edition
1119491630, 978-1119491637, 978-0470534793
