If Grant Corporation has 120,000 shares of common stock authorized, 75,000 shares of common stock issued, and holds 3,000 shares of common stock as treasury stock, the total number of outstanding shares of Grant Corporation amounts to
A) 48,000 shares.
B) 117,000 shares.
C) 72,000 shares.
D) 54,000 shares.
C
You might also like to view...
U.S. GAAP and IFRS require that firms disclose sufficient information to allow the reader of financial statements to calculate Accounts Receivable, Gross, Allowance for Uncollectibles, and Accounts Receivable, Net
Indicate whether the statement is true or false
Which of the following will help you to build self-esteem?
a. focusing on your failures. b. keeping your good qualities to yourself. c. engaging in positive self-talk. d. all of these choices.
Mandato Corporation has provided the following data for its two most recent years of operation: Selling price per unit$50 Manufacturing costs: Variable manufacturing cost per unit produced: Direct materials$10Direct labor$6Variable manufacturing overhead$5Fixed manufacturing overhead per year$72,000Selling and administrative expenses: Variable selling and administrative expense per unit sold$5Fixed selling and administrative expense per year$70,000 Year 1Year 2Units in beginning inventory03,000Units produced during the year9,0008,000Units sold during the year6,0009,000Units in ending inventory3,0002,000The net operating income (loss) under variable costing in Year 1 is closest to:
A. $174,000 B. $2,000 C. $26,000 D. $144,000
Satirn, Inc is facing a dispute from one of its competitors. Satirn wants to keep the proceedings confidential. It wants to obtain a binding judgment as it believes that it has a strong case
Which of the following methods of dispute resolution should it choose? A) private trial B) arbitration C) summary jury trial D) negotiation and settlement