The number of shares of treasury stock plus the number of shares outstanding equals the total amount of ________.
A)issued stock
B)voting stock
C)stock authorized
D)stock entitled to dividends

Question

Quizplus · Accepted Answer

The number of shares of treasury stock represents previously issued shares that the company has bought back from the market. These shares are no longer outstanding or entitled to dividends. Therefore, the sum of the number of shares of treasury stock and the number of shares outstanding (which are entitled to dividends) equals the total amount of issued stock.

The Number of Shares of Treasury Stock Plus the Number