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The stockholders' equity section of a balance sheet at December 31, 2015 is provided below: Common stock, $0.50 par value $10,000 Paid-in capital in excess
The stockholders' equity section of a balance sheet at December 31, 2015 is provided below:
Common stock, $0.50 par value | $10,000 | |
Paid-in capital in excess of par--common stock | 40,000 | |
Total capital stock | 50,000 | |
Retained earnings | 25,000 | |
Less: Treasury stock (at cost, $20 per share) | < 2,000> | |
Total Stockholders' Equity | $73,000 |
How many shares of stock are issued?
18,000 | |
19,800 | |
20,000 | |
20,200 |
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