Business, 20.12.2019 01:31 jaynissiagreen16

Common stock ($10 par value); no changes in account during the year. shares authorized: 200,000. shares issued: (all shares were issued at $17 per share; $2,125,000 total cash collected). treasury stock: 3,000 shares (repurchased at $20 per share). the treasury stock was acquired after a stock split was announced. net income: $240,340. dividends declared and paid: $123,220. retained earnings beginning balance: $555,000. determine the number of authorized share.

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Common stock ($10 par value); no changes in account during the year. shares authorized: 200,000. s...