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crimeas [40]
2 years ago
14

Anthem Company has 100,000 shares authorized, 96,000 shares issued, and 23,000 shares of treasury stock. Determine the number of

shares outstanding.
Business
1 answer:
PIT_PIT [208]2 years ago
6 0

The number of outstanding shares is 73,000 shares.

<h3>What are the outstanding shares?</h3>

Shares outstanding refer to a company's stock that is currently held by all its shareholders.  They exclude treasury stock, but include:

  • Block shares held by institutional investors
  • Restricted shares owned by the company's officers and insiders.

Outstanding shares appear on a company's balance sheet under “Capital Stock.”

<h3>Data and Calculations:</h3>

Authorized shares = 100,000

Issued shares = 96,000

Treasury stock = 23,000

Outstanding shares = 73,000 (96,000 - 23,000)

The number of outstanding shares is 73,000 shares.

Learn more about outstanding shares athttps://brainly.com/question/25630152

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