Outstanding common stock is:
A) Stock that is performing well on the New York Stock Exchange.
B) Stock that has been authorized by the state for issue.
C) Stock held in the corporate treasury.
D) Stock owned by shareholders.

Question

Quizplus · Accepted Answer

Outstanding common stock refers to the total number of shares of common stock that are owned by shareholders and are currently available on the open market. This excludes any shares held in the corporate treasury or any authorized but unissued shares. Therefore, the correct answer is D - Stock owned by shareholders.

Outstanding Common Stock Is