The following data is available for blaine corporation at december 31, 2012: common stock, par $10 (authorized 25,000 shares) $200,000 treasury stock (at cost $15 per share) 900 based on the data, how many shares of common stock are a) outstanding, and b) have been issued ? a.25,000 b.20,000 c.24,940 d.19,940

a) b.20,000

b) b.20,000

Explanation:

a) Number of common stocks issued = 200,000/10

                                                              = 20,000

So, 5000 stocks remain with company.

Number of common stocks outstanding = 20000

b)  b. 20,000                                                                

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