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Taya2010 [7]
3 years ago
15

The following data is available for BOX Corporation at December 31, 2017: Common stock, par $10 (authorized 30,000 shares) $270,

000 Treasury stock (at cost $15 per share) $ 1,200 Based on the data, how many shares of common stock are outstanding?
Business
1 answer:
Snezhnost [94]3 years ago
5 0

Answer:

26,920

Explanation:

At $10 par value,

Number of authorized shares = 30,000 (given)

Number of issued shares = $270,000/$10 = 27,000 shares

Number of treasury shares = $1,200/$15 = 80 shares

Since Treasury shares do not form part of outstanding shares, they will be deducted from issued shares to obtain outstanding shares

Therefore, number of outstanding shares

= 27,000 - 80

= 26,920 shares

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The Erie Canal

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Suppose a relatively poor country receives foreign aid to be used for education.​ However, a large portion of the money is stole
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Answer:

True

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4 0
3 years ago
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try mo sa Google para me idea kpa

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