The charter of a corporation provides for the issuance of 100,000 shares of common stock. Assume that 30,000 shares were originally issued and 5,000 were subsequently reacquired. What is the number of shares outstanding?
Darshita Changed status to publish March 5, 2020
Answer:
the number of shares outstanding
=30,000-5,000
=25,000
Number of shares outstanding=25,000
Darshita Changed status to publish March 5, 2020
