Walton Corporation shows the following in the stockholders' equity section of its balance sheet: The stated value of its common stock is $0.50 and the total balance in the common stock account is $37,500 . Also noted is that 5,000 shares are currently designated as treasury stock. The number of shares outstanding is

a. 80,000.
b. 75,000.
c. 72,500.
d. 70,000.


d

Business

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