A company currently has 200,000 shares issued and 190,000 shares outstanding. If the company purchases 20.000 shares of treesury stock, whatamount of shares will be outstanding?Multiple Choice170,000220,000.210.000O 0.00020 ot 30Next>Prev a company currently has 200,000 shares issued and 190,000 shares outstanding. if the company purchases 20.000 shares oftreasury stock, what amount of shares will be outstanding?

Cost Accounting includes procedures such as gathering, recording, analyzing, summarizing,…

Answered: a company currently has 200,000 shares…

a company currently has 200,000 shares issued and 190,000 shares outstanding. if the company purchases 20.000 shares of treasury stock, what amount of shares will be outstanding?

Principles of Accounting Volume 1

19th Edition

ISBN:9781947172685

Author:OpenStax

Publisher:OpenStax

Chapter14: Corporation Accounting

Section: Chapter Questions

Problem 6Q: The following data was reported by Saturday Corporation: Authorized shares: 30,000 Issued shares:...

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Concept explainers

Stockholder's Equity

The stockholders’ equity (often referred to as the book value of the company) is the number of assets available to the stockholder after its entire liabilities is paid off. The stockholders’ equity is also sometimes referred to as owner's equity. The stockholders’ equity or book value generally includes common stock, treasury stock retained earnings. It is an indicator of a company's financial strength and is an important item on the company's balance sheet.

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A company currently has 200,000 shares issued and 190,000 shares outstanding. If the company purchases 20.000 shares of treesury stock, what
amount of shares will be outstanding?
Multiple Choice
170,000
220,000.
210.000
O 0.000
20 ot 30
Next>
Prev

a company currently has 200,000 shares issued and 190,000 shares outstanding. if the company purchases 20.000 shares of
treasury stock, what amount of shares will be outstanding?

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