Business
Business, 19.03.2021 18:10, dnation94

Computing Number of Shares The charter of Vista West Corporation specifies that it is authorized to issue 212,000 shares of common stock. Since the company was incorporated, it has sold a total of 145,000 shares (at $16 per share) to the public. It has bought back a total of 15,000. The par value of the stock is $6. When the stock was bought back from the public, the market price was $23.
Required:
1. Determine the authorized shares.
2. Determine the issued shares.
3. Determine the outstanding shares.

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Answers: 3

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Computing Number of Shares The charter of Vista West Corporation specifies that it is authorized to...

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