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ASHA 777 [7]
3 years ago
6

22) A corporate charter specifies that the company may issue up to 20 million shares of stock. The company sells 12 million shar

es to investors and later buys back 3 million shares. The current number of shares of treasury stock after these transactions have been accounted for is:
Mathematics
1 answer:
Genrish500 [490]3 years ago
7 0

Answer:

  11 million

Step-by-step explanation:

20 -12 +3 = 11

There will be 11 million shares of stock in the treasury.

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