Question

The charter of a corporation provides for the issuance of 110,000 shares of common stock. Assume that 51,000 shares were originally issued and 4.100 were subsequently reacquired. What is the number of

shares outstanding?
Oa. 55.100
Ob. 46.900
Oc. $1.000
Od. 4.100

Answer 1

A

Explanation:

I'm assuming it is A since it said the 51,000 were originally issued and then adding on the 4,100, you get 55,100.