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Use the incomplete Stockholders' Equity section of Box Company's balance sheet as of December 31, 2017, to answer the following question. Common stock, $7 par,
Use the incomplete Stockholders' Equity section of Box Company's balance sheet as of December 31, 2017, to answer the following question.
Common stock, $7 par, 100,000 shares authorized$ 700,000Additional paid-in capitalcommon160,000Retained earnings?Treasury stock (2,000 shares at cost)(16,000)Total stockholders' equity974,000
How many shares of common stock are outstanding?
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