The following data is available for BOX Corporation at December 31,2011 :
Ordinary shares, par $ € 10 $ (authorized 15,000 shares\} $ \in 100,000 $
Treasury Shares (at cost $ € 15 $ per share)
600
Based on the data, how many ordinary shares are outstanding?

Question

Quizplus · Accepted Answer

The company has issued 10,000 shares (since €100,000/€10 par value = 10,000 shares). With 600 treasury shares, the outstanding shares are 10,000 - 600 = 9,400.

The Following Data Is Available for BOX Corporation at December €10 € 10 €10

The Following Data Is Available for BOX Corporation at December $€ 10$