The following data is available for BOX Corporation at December 31 2021: Common stock, par $ \$ 10 $ (authorized 30,000 shares) $ \$ 270,000 $
Treasury stock (at cost $ \$ 15 $ per share $ ) $ $ \$1,200 $ Based on the data how many shares of common stock are issued?

Question

The following data is available for BOX Corporation at December 31 2021: Common stock, par $ \$ 10 $ (authorized 30,000 shares) $ \$ 270,000 $
 Treasury stock (at cost $ \$ 15 $ per share $ ) $ $ \$1,200 $ Based on the data how many shares of common stock are issued?

Quizplus · Accepted Answer

The common stock value of $270,000 at a par value of $10 per share indicates that 27,000 shares have been issued (270,000 / 10 = 27,000).

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

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