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Winslow Corporation reported the following in the Stockholders' Equity section of its balance sheet at December 31, 2017: Common stock, $1 stated value $10,000 Additional
Winslow Corporation reported the following in the Stockholders' Equity section of its balance sheet at December 31, 2017:
Common stock, $1 stated value | $10,000 |
Additional paid-in capitalcommon | 40,000 |
Retained earnings | 25,000 |
Total contributed capital and retained earnings | $75,000 |
Less: Treasury stock (at cost $20 per share) | (2,000) |
Total stockholders' equity | $73,000 |
How many shares of stock are issued?
a.10,100
b.9,000
c.10,000
d.Not enough information to determine.
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