Multiple Choice
Watson Company has provided the following data about its common stock:
Par value per share,$1; authorized shares,10,000,000; outstanding shares,4,300,000; and issued shares 4,700,000.How many shares of treasury stock are there?
A) 0
B) 5,700,000
C) 5,300,000
D) 400,000
Correct Answer:
Verified
Correct Answer:
Verified
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