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The Following Information Relates to the Number of Common Shares 80,000 Authorized shares 30,000 Unissued shares 5,000 Treasury shares 80,000 \text { Authorized shares }\quad 30,000 \text { Unissued shares } \quad5,000 \text { Treasury shares }

question 89

Essay

The following information relates to the number of common shares of the Telly Corporation:
80,000 Authorized shares 30,000 Unissued shares 5,000 Treasury shares 80,000 \text { Authorized shares }\quad 30,000 \text { Unissued shares } \quad5,000 \text { Treasury shares }
Calculate the number of outstanding shares from the information given.Show your calculations.

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