The Following Data Is Available for BOX Corporation at December

question 191

Multiple Choice

The following data is available for BOX Corporation at December 31, 2010:
Common stock, par $10 (authorized 15,000 shares} $100,000
Treasury Stock (at cost $15 per share) 600
Based on the data, how many shares of common stock are outstanding?

• A) 15,000
• B) 10,000
• C) 14,960
• D) 9,960

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Definitions:

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