The Following Data Is Available for BOX Corporation at December

question 214

Multiple Choice

The following data is available for BOX Corporation at December 31, 2017: $\begin{array}{lr}\text { Common stock, par \( \$ 10 \) (authorized 30,000 shares) }&\$270,000\\\text {Treasury stock (at cost \( \$ 15 \) per share) }&\$1,200\\\end{array}$
Based on the data, how many shares of common stock are outstanding?

• A)30,000.
• B)27,000.
• C)29,920.
• D)26,920.

---

Definitions:

Independent Variables

Variables in an experiment or statistical model that are manipulated or categorized to determine their effect on dependent variables without being affected by any other variable in the model.

Homoscedasticity

A term in statistics describing a situation where all random variables across a dataset have the same finite variance.

Normality Of Errors

An assumption in many statistical models that the errors in the predictions are normally distributed.

Independence Of Errors

Pertains to a condition in statistical analyses where the errors of a model’s predictions are not correlated with each other.