Mews Corporation has the following information reported on the balance sheet as of December 31 of the current year: Based on the information above,how many shares of common stock have been issued?
A)7000
B)6000
C)5000
D)1000

Name: Mews Corporation has the following information reported on the balance sheet as of December 31 of the current year: Based on the information above,how many shares of common stock have been issued? A)7000 B)6000 C)5000 D)1000
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Question

Mews Corporation has the following information reported on the balance sheet as of December 31 of the current year:  Based on the information above,how many shares of common stock have been issued?
A)7000 
B)6000 
C)5000 
D)1000

Quizplus · Accepted Answer

$60,000 ÷ $10 = 6000 shares

Mews Corporation Has the Following Information Reported on the Balance