Outstanding common stock is:
A)Stock that is performing well on the New York Stock Exchange.
B)Stock that has been authorized by the state for issue.
C)Stock held in the corporate treasury.
D)Stock in the hands of shareholders.

Question

Quizplus · Accepted Answer

Outstanding common stock refers to the total number of shares of common stock that has been issued by a company and is currently held by shareholders. This excludes any shares held in the corporate treasury, which are considered treasury stock.

Outstanding Common Stock Is