Business, 17.04.2020 18:16, noname5359

The charter of Vista West Corporation specifies that it is authorized to issue 200,000 shares of common stock. Since the company was incorporated, it has sold a total of 150,000 shares (at $16 per share) to the public. It has bought back a total of 12,000. The par value of the stock is $3. When the stock was bought back from the public, the market price was $21.

Required:

1. Determine the authorized shares.

2. Determine the issued shares.

3. Determine the outstanding shares.

Answers: 3

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The charter of Vista West Corporation specifies that it is authorized to issue 200,000 shares of com...