Question

Face 2 Face Corporation reports 170 outstanding shares , 850 authorized shares , and 85 shares of treasury stock . How many shares are issued

Answer 1

The Face 2 Face Corporation has 85 shares issued.

Step-by-step explanation:

The number of issued shares can be calculated by subtracting the treasury stock from the outstanding shares. In this case, the Face 2 Face Corporation has 170 outstanding shares and 85 shares of treasury stock. So, the number of issued shares would be:

Issued Shares = Outstanding Shares - Treasury Stock

Issued Shares = 170 - 85

Issued Shares = 85

Therefore, the number of shares issued by the Face 2 Face Corporation is 85.