The charter of a corporation provides for the issuance of 100,000 shares of common stock. Assume that 40,000 shares were originally issued and 10,000 were subsequently reacquired. What is the number of shares outstanding?
a. 10,000
b. 40,000
c. 30,000
d. 50,000
c
You might also like to view...
What are the stages that the approaches to marketing strategy and practice usually pass through?
A) ambush marketing, multi-level marketing, and guerrilla marketing B) guerrilla marketing, ambush marketing, and affinity marketing C) multi-level marketing, undercover marketing, and evangelism marketing D) entrepreneurial marketing, formulated marketing, and intrepreneurial marketing E) undercover marketing, affinity marketing, and ambush marketing
In a business plan,the purpose of an industry and market analysis is to show that an entrepreneurial opportunity exists
Indicate whether the statement is true or false
Which sentences uses correct capitalization?
A) To reach our hotel, take exit 53 while traveling west on route 66. B) The legal department identified plagiarized material in Lines 4 through 28 on page 63 of the training manual. C) The boarding information for American Airlines Flight 271 indicated that passengers would load at Gate 18B.
A customer has two days to discover and notify the bank of any error on the monthly statement involving an electronic transfer of funds
Indicate whether the statement is true or false