Ad X ) C | ? ezto.mheducation.com/hrm.tpx connect. BUS-A 201: Introduction to Fi

Question

Ad X ) C | ? ezto.mheducation.com/hrm.tpx connect. BUS-A 201: Introduction to Financial Accounting: Template v2: BUS-A 201 Introduction to Financial Accounting CCOUNTING Chapter 11 Assignment Question 9 (of 10) 9. 1.00 points The balance sheet for Crutcher Corporation reported 220,000 shares outstanding 320,000 shares authorized, and 22,000 shares in treasury stock Compute the maximum number of new shares that Crutcher could issue Number of New Shares References eBook & Resources Worksheet DOLL

Explanation / Answer

Calculate maximum no of shares can issued = Authorised shares-outstanding shares

                                                      = 320000-220000

maximum no of shares can issued = 100000 shares

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