Ask Question
BusinessBusiness
10 April, 08:52

A corporation has issued 50,000,000 shares of common stock at $.50 par. The corporation has 10,000,000 shares of Treasury Stock on its books. The aggregate par value of the outstanding shares is:A. $20,000,000B. $40,000,000C. $80,000,000D. $100,000,000

+3
Answers (1)
  1. 10 April, 09:27
    0
    A. $20,000,000

    Explanation:

    Issued stock is the total number of shares issued by the company.

    Treasury stock are those share which is company has bought back from the market.

    Outstanding stock are the share which is held by the stockholders of the company. The treasury shares are excluded from it because these share are held by company by itself not by the stockholders.

    Issued Share of the corporation = 50,000,000 share

    Treasury shares = 10,000,000 shares

    Outstanding share = 50,000,000 - 10,000,000 = 40,000,000 shares

    Aggregate par value of outstanding shares = 40,000,000 x $0.50

    Aggregate par value of outstanding shares = $20,000,000
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “A corporation has issued 50,000,000 shares of common stock at $.50 par. The corporation has 10,000,000 shares of Treasury Stock on its ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
In the "finding, evaluating, and interpreting source material" stage of the research process, finding means:
Answers (1)
Based on Esteban's conduct, Floyd reasonably believes that Glynis has the authority to act on Esteban's behalf even though Glynis does not have the actual authority to do so. Floyd makes a payment to Glynis for Esteban.
Answers (1)
Salad Express exchanged land it had been holding for future plant expansion for a more suitable parcel of land along distribution routes. Salad Express reported the old land on the previously issued balance sheet at its original cost of $62,000.
Answers (1)
The viability and relevancy of insurance products sold to businesses and individual
Answers (1)
Pink-eye and albino are two recessive traits found in the deer mouse Peromyscus maniculatus. In pink-eyed mice, the eye is devoid of color and appears pink because of the blood vessels within it.
Answers (1)
New Questions in Business
A monopolist that practices perfect price discrimination a. creates no deadweight loss. b. charges one group of buyers a higher price than another group, such as offering a student discount. c.
Answers (1)
What is the best way to show a business you're interested in their job position
Answers (1)
It doesnt matter what your goal is. any idea you may create is achievable. true or false
Answers (1)
What is a system for ordering items that have little or no value at the end of a sales period? a. single-period inventory model b. rop c. production order quantity model d. eoq?
Answers (1)
If the Fed lowers the federal funds rate, eventually the A. AD curve shifts rightward, increasing real GDP and raising the price level. B. AS curve shifts rightward, decreasing real GDP and raising the price level. C.
Answers (1)
Home » Business » A corporation has issued 50,000,000 shares of common stock at $.50 par. The corporation has 10,000,000 shares of Treasury Stock on its books. The aggregate par value of the outstanding shares is:A. $20,000,000B. $40,000,000C. $80,000,000D.
Sign Up Forgot Password?