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larisa86 [58]
3 years ago
15

The following data were reported by a corporation: Authorized shares 38,000 Issued shares 33,000 Treasury shares 12,500 The numb

er of outstanding shares is:
Business
1 answer:
NISA [10]3 years ago
4 0

Answer:

20,500 shares

Explanation:

Authorized shares= 38,000

Issued shares= 33,000

Treasury shares= 12,500

Therefore, the number of outstanding shares can be calculated as follows

Outstanding shares= Issued shares-Treasury shares

= 33,000-12,500

=20,500

Hence the number of outstanding shares is 20,500

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