How do you determine the number of common stock shares


Information provided on the Stockholder's Equity section of a balance sheet:

Common Stock; $10 stated value, 200,000 shares authorized,

100,000 shares issued and ?? shares outstanding

$1,000,000

Market value per share of common stock is $42

How do you determine the number of common stock shares outstanding?

Solution Preview :

Prepared by a verified Expert
Finance Basics: How do you determine the number of common stock shares
Reference No:- TGS02924440

Now Priced at $10 (50% Discount)

Recommended (98%)

Rated (4.3/5)