Multiple Choice
Gatlin Corporation recently sold 10,000 shares of its treasury stock. After this transaction, Gatlin's total number of
A) issued shares increased by 10,000 shares.
B) issued shares decreased by 10,000 shares.
C) outstanding shares decreased by 10,000 shares.
D) authorized shares increased by 10,000 shares.
E) authorized shares remained the same.
Correct Answer:
Verified
Correct Answer:
Verified
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