A company currently has 200,000 shares issued and 190,000 shares outstanding. If the company purchases 20,000 shares of treasury stock, what amount of shares will be outstanding?
A) 170,000.
B) 220,000.
C) 210,000.
D) 180,000.
Answer: A
Accounting MCQ
Accounting
A company currently has 200,000 shares issued and 190,000 shares outstanding. If the company purchases 20,000 shares of treasury stock, what amount of shares will be outstanding?
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