Ask Question
28 March, 08:57

Mitchell company was authorized to issue 50,000 shares of common stock. the company issued 27,000 shares of stock and later purchased 5,000 shares of treasury stock. the number of outstanding shares of common stock is

+1
Answers (1)
  1. 28 March, 10:54
    0
    The answer is 79500, add all the shares, then divide by 2!
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Mitchell company was authorized to issue 50,000 shares of common stock. the company issued 27,000 shares of stock and later purchased 5,000 ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers