The Following Data Regarding Its Common Stock Were Reported by a Corporation

question 86

Multiple Choice

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

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

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Definitions:

Development

Process of regulated growth and differentiation of cells and tissues.

Morphogenesis

Emergence of shape in tissues, organs, or the entire embryo during development.

Body Shape

The physical form or structure of a person's body, often described in terms of proportion, distribution of muscle and fat, and skeletal structure.

Gastrulation

A phase early in the embryonic development of most animals, during which the single-layered blastula is reorganized into a multilayered structure known as the gastrula.