Solved: How many shares of common stock are outstanding, Financial Accounting

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How many shares of common stock are outstanding

Response to the following problem:

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 ?

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Financial Accounting: How many shares of common stock are outstanding

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Financial Accounting: How many shares of common stock are outstanding

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