Fitzgerald Corporation has 58,000 shares authorized, 41,000 shares issued, and 8,000 shares of treasury stock. ________ shares are outstanding, and ________ shares are unissued.

Question

Quizplus · Accepted Answer

Outstanding shares are calculated as issued shares minus treasury stock (41,000 - 8,000 = 33,000). Unissued shares are calculated as authorized shares minus issued shares (58,000 - 41,000 = 17,000).

Fitzgerald Corporation Has 58,000 Shares Authorized, 41,000 Shares Issued, and 8,000