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