The Following Data Were Reported by a Corporation $\begin{array} { l } \text {Authorized shares } &20,000\\ \text {Issued shares } &15,000\\ \text {Treasury shares } &3,000\\\end{array}$

question 106

Multiple Choice

The following data were reported by a corporation: $\begin{array} { l } \text {Authorized shares } &20,000\\ \text {Issued shares } &15,000\\ \text {Treasury shares } &3,000\\\end{array}$
The number of outstanding shares is:

• A)17,000.
• B)23,000.
• C)12,000.
• D)15,000.
• E)20,000.

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