Assume the following information for Western Sales, Inc.: Common Stock, $1.00 par, 222,000 shares issued,...

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Assume the following information for Western Sales, Inc.: • Common Stock, $1.00 par, 222,000 shares issued, 184,000 shares outstanding • Paid - In Capital in Excess of Par-Common: $1,650,000 • Retained Earnings: $2,440,000 Treasury Stock: 38,000 shares purchased at $14 per share If Western Sales purchases an additional 14,000 shares of treasury stock at $15 per share, what number of shares will be shown as issued and outstanding? OA. 222,000 issued; 170,000 outstanding OB. 184,000 issued; 184,000 outstanding C. 222,000 issued; 184,000 outstanding OD. 208,000 issued; 184,000 outstanding Assume the following information for Western Sales, Inc.: • Common Stock, $1.00 par, 222,000 shares issued, 184,000 shares outstanding • Paid - In Capital in Excess of Par-Common: $1,650,000 • Retained Earnings: $2,440,000 Treasury Stock: 38,000 shares purchased at $14 per share If Western Sales purchases an additional 14,000 shares of treasury stock at $15 per share, what number of shares will be shown as issued and outstanding? OA. 222,000 issued; 170,000 outstanding OB. 184,000 issued; 184,000 outstanding C. 222,000 issued; 184,000 outstanding OD. 208,000 issued; 184,000 outstanding

Answer rating: 100% (QA)

iThe share will remain same of 222000 due to purchase ... View the full answer