Bali-Hi Corporation's state charter authorizes the corporation to issue 350000 shares of $1 par value common stock. It has issued 100000 shared of common stock to the public. It held 20000 shares of treasury stock before the company gave 5000 of the treasury shares to its employees as a bonus. 

How many shares are issued? 

How many shares are outstanding?

Answer rating: 100% (QA)

Issued Shares The company was initially authorized to issue 350000 shares authorized shares Out of t... View the full answer