4. XYZ Company has 40,000,000 shares of stock authorized, 10,000,000 shares issued and 800,000 shares outstanding. How many shares are held by organizations or people other than XYZ? Group of answer choices 800,000 40,000,000 10,000,000 200,000 5. XYZ Company has 4,000,000 shares of stock authorized, 1,000,000 shares issued and 800,000 shares outstanding. How many shares are held by XYZ? Group of answer choices 4,000,000 1,000,000 200,000 800,000
4. XYZ Company has 40,000,000 shares of stock authorized, 10,000,000 shares issued and 800,000 shares outstanding. How many shares are held by organizations or people other than XYZ? Group of answer choices 800,000 40,000,000 10,000,000 200,000 5. XYZ Company has 4,000,000 shares of stock authorized, 1,000,000 shares issued and 800,000 shares outstanding. How many shares are held by XYZ? Group of answer choices 4,000,000 1,000,000 200,000 800,000
Chapter14: Corporation Accounting
Section: Chapter Questions
Problem 7EB: Silva Company is authorized to issue 5,000,000 shares of $2 par value common stock. In its IPO, the...
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Question
4. XYZ Company has 40,000,000 shares of stock authorized, 10,000,000 shares issued and 800,000 shares outstanding. How many shares are held by organizations or people other than XYZ?
Group of answer choices
800,000
40,000,000
10,000,000
200,000
5. XYZ Company has 4,000,000 shares of stock authorized, 1,000,000 shares issued and 800,000 shares outstanding. How many shares are held by XYZ?
Group of answer choices
4,000,000
1,000,000
200,000
800,000
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