Examlex

Solved

The Following Data Is Available for Blaine Corporation at December

question 225

Multiple Choice

The following data is available for Blaine Corporation at December 31, 2015: Common stock, par $10 (authorized 30,000 shares)  $250,000 Treasury Stock (at cost $15 per share) 900\begin{array}{ll}\text {Common stock, par \( \$ 10 \) (authorized 30,000 shares) }&\$250,000\\\text { Treasury Stock (at cost \( \$ 15 \) per share) }&900\\\end{array}
Based on the data, how many shares of common stock are outstanding?


Definitions:

Related Questions