11. The charter of a corporation provides for the issuance of 100,000 shares of common stock. Assume that 43,000 shares
Posted: Sun May 29, 2022 8:46 pm
11. The charter of a corporation provides for the issuance of
100,000 shares of common stock. Assume that 43,000 shares were
originally issued and 5,000 were subsequently reacquired. What is
the number of shares outstanding?
a. 43,000 b. 48,000 c. 38,000 d. 5,000
100,000 shares of common stock. Assume that 43,000 shares were
originally issued and 5,000 were subsequently reacquired. What is
the number of shares outstanding?
a. 43,000 b. 48,000 c. 38,000 d. 5,000