The Stockholders' Equity section of Gretchen's Bistro's balance sheet on January 1, 2015, appeared as follows:
On March 1, 2015, Gretchen's Bistro reacquired 800 shares of common stock at $12 per share. On April 6, Gretchen's Bistro resold 600 shares of treasury stock at $20 per share. How many shares of stock are outstanding at March 31, and April 30, respectively?

Question

The Stockholders' Equity section of Gretchen's Bistro's balance sheet on January 1, 2015, appeared as follows:
  On March 1, 2015, Gretchen's Bistro reacquired 800 shares of common stock at $12 per share. On April 6, Gretchen's Bistro resold 600 shares of treasury stock at $20 per share. How many shares of stock are outstanding at March 31, and April 30, respectively?

Quizplus · Accepted Answer

The Answer of The Stockholders' Equity section of Gretchen's Bistro's balance sheet on January 1, 2015, appeared as follows:
  On March 1, 2015, Gretchen's Bistro reacquired 800 shares of common stock at $12 per share. On April 6, Gretchen's Bistro resold 600 shares of treasury stock at $20 per share. How many shares of stock are outstanding at March 31, and April 30, respectively?

The Stockholders' Equity Section of Gretchen's Bistro's Balance Sheet on January