Watson Company Has Provided the Following Data About Its Common

question 130

Multiple Choice

Watson Company has provided the following data about its common stock: • Par value is $1 per share
• 10,000,000 authorized shares
• 4,300,000 shares are outstanding
• 4,700,000 shares are issued
How many shares of treasury stock are there?

• A)0.
• B)400,000.
• C)5,300,000.
• D)5,700,000.

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