Why the shares of common stock are outstanding


The following data is available for BOX Corporation at December 31, 2012:
Common stock, par $10 (authorized 15,000 shares) account balance = $100,000
Treasury Stock (at cost $15 per share) account balance = $ 600

Based on the data, how many shares of common stock are outstanding as of December 31, 2012?

Request for Solution File

Ask an Expert for Answer!!
Accounting Basics: Why the shares of common stock are outstanding
Reference No:- TGS0687857

Expected delivery within 24 Hours