asked 67.5k views
3 votes
Doty corporation has 2,000,000 shares of $1 par value common stock authorized. of those shares, 600,000 shares have been sold to stockholders and 20,000 shares have been repurchased by doty corporation in the open market. how many shares does doty have issued and outstanding?

1 Answer

4 votes

Hey there!

the answer is 600,000 issued; 580,000 outstanding

thank you

Best regards

OFFICIALLYSAVAGE2003

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