The following data were reported by a corporation: Authorized shares 35,000 Issued shares 30,000 Treasury shares 11,000 The number of outstanding shares is: 35,000. 19,000. 24,000. 30,000. 46,000. The following data were reported by a corporation: Authorized shares 35,000 Issued shares 30,000 Treasury shares 11,000 The number of outstanding shares is: 35,000. 19,000. 24,000. 30,000. 46,000.

Answer: 19,000

Explanation: The number of outstanding shares is calculated by subtracting the treasury shares from the issued shares.

Steps:

  1. Issued shares = 30,000
  2. Treasury shares = 11,000
  3. Outstanding shares = Issued shares – Treasury shares = 30,000 – 11,000 = 19,000
100% (3 rated)

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