The following data is available for metlock, inc. at december 31, 2020: common stock, par $10 (authorized 26000 shares) $234000 treasury stock (at cost $15 per share) $1200 based on the data, how many shares of common stock are outstanding?

23,400 shares

Explanation:

The total number of authorized shares is 26,000, but that doesn't mean that all these shares have been issued or are outstanding. The total number of shares issued = shares outstanding + treasury stock.

Since the shares must be recorded at par value in the common stock account, we need to divide the total value of the account by the par value of each share = $234,000 / $10 = 23,400 shares

the answer choices are:

provides online banking

provides automatic payment services

provides home loans by using saving accounts

accept tax return refunds

hopefully someone can answer the question now lol

answerskimming;