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2 September, 10:43

The balance sheet for Ronlad Corporation reported 184,000 shares outstanding, 274,000 shares authorized, and 10,000 shares in treasury stock. How many shares have been issued?

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  1. 2 September, 14:42
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    284,000 shares

    Explanation:

    The calculation of the issued shares is shown below:

    = Outstanding shares + treasury stock

    = 274,000 shares + 10,000 shares ]

    = 284,000 shares

    Simply we added the outstanding shares and the treasury stock so that the correct amount can come.

    It shows a combination of the outstanding shares and the treasury stock and we did the same
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