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Please Refer to the Following Information for Petra Sales Company

Question 97

Multiple Choice

Please refer to the following information for Petra Sales Company: Please refer to the following information for Petra Sales Company: If Petra Sales sells 10,000 shares of treasury stock at $14 per share, what amounts will be shown for the number of shares issued and outstanding? A) 200,000 issued; 190,000 outstanding B) 210,000 issued; 190,000 outstanding C) 210,000 issued; 180,000 outstanding D) 200,000 issued; 170,000 outstanding If Petra Sales sells 10,000 shares of treasury stock at $14 per share, what amounts will be shown for the number of shares issued and outstanding?


A) 200,000 issued; 190,000 outstanding
B) 210,000 issued; 190,000 outstanding
C) 210,000 issued; 180,000 outstanding
D) 200,000 issued; 170,000 outstanding

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