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If 100,000 Shares Are Authorized,95,000 Are Outstanding and 1,500 Are

question 71

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If 100,000 shares are authorized,95,000 are outstanding and 1,500 are held as treasury stock,the number of shares issued is 93,500.

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Definitions:

Genes

The segments on a DNA molecule that act as hereditary blueprints for the organism’s development.

Umbilical Cord

A flexible helical structure containing blood vessels that connects the developing organism to the placenta.

Placenta

An organ made up of tissue from both the mother and the fetus that serves as a barrier and filter between their bloodstreams.

Mesoderm

Cells of the inner cell mass of the embryo that give rise to the muscles, the bones, the circulatory system, and the inner layers of the skin.

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