Business, 25.11.2019 21:31 jobucks9976
The charter of vista west corporation specifies that it is authorized to issue 300,000 shares of common stock. since the company was incorporated, it has sold a total of 160,000 shares (at $16 per share) to the public. it has bought back a total of 25,000. the par value of the stock is $3. when the stock was bought back from the public, the market price was $40. required: 1. determine the authorized shares. 2. determine the issued shares. 3. determine the outstanding shares.
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