The number of shares of a class of stock that are outstanding is:
A)the number of shares authorized minus the number of shares issued.
B)the number of shares authorized minus the number of shares held as treasury stock.
C)the number of shares issued minus the number of shares held as treasury stock.
D)the number of shares issued minus the number of shares owned by directors.

Question

Quizplus · Accepted Answer

Outstanding shares are calculated by taking the total number of shares issued and subtracting the shares that are held as treasury stock.

The Number of Shares of a Class of Stock That