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gavmur [86]
2 years ago
8

National Insurance Company has 200,000 shares authorized, 173,000 shares issued, and 35,000 shares of treasury stock. The number

of shares outstanding is:
Business
1 answer:
butalik [34]2 years ago
5 0

The number of shares outstanding is: 138,000 shares.

<h3>Number of shares outstanding</h3>

Using this formula

Number of shares outstanding=Shares issued-Shares of treasury stock

Where:

Shares issued=173,000

Shares of treasury stock=35,000

Let plug in the formula

Number of shares outstanding=173,000-35,000

Number of shares outstanding=138,000 shares

Inconclusion  the number of shares outstanding is: 138,000 shares.

Learn more about number of shares outstanding here:brainly.com/question/25630152

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Answer:

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Explanation:

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olya-2409 [2.1K]

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