Resulting number of common shares


A corporation has 10 par value common stock with 1,000,000 shares authorized and a value of 7,000,000 before purchasing 3,000 shares of common stock. The resulting number of common shares issued and outstanding is?

Request for Solution File

Ask an Expert for Answer!!
Accounting Basics: Resulting number of common shares
Reference No:- TGS055688

Expected delivery within 24 Hours