The number of shares of common stock for three companies is given in the following table.

Required:
(a) What is the distinction between issued and outstanding shares of stock?
(b) Determine the number of shares that corresponds to each omitted value.
(c) If Adams Corp. sells 10,000 more shares of stock, how many shares will be authorized, issued, outstanding, and in treasury?

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Number of Shares ompan Authorized Issued Outstanding Treasurv s Corp 5,000,000 3,790,000 Brady, Inc. 2,000,000 1,600,000 ,530,000 b) Costanza Corp 1,500,000 (c) 1,210,000 50,000