Which one of the following equations is accurate?
A)Treasury stock = Authorized stock - Issued stock
B)Treasury stock = Outstanding stock - Subscribed stock
C)Treasury stock = Authorized stock - Outstanding stock
D)Treasury stock = Issued stock - Outstanding stock

Question

Quizplus · Accepted Answer

Treasury stock refers to shares that were issued and subsequently reacquired by the company. It is calculated as the difference between the total issued stock and the stock that remains outstanding (in the hands of investors).

Which One of the Following Equations Is Accurate