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National Insurance Company has 200,000 shares authorized, 173,000 shares issued, and 35,000 shares of treasury stock. The number of shares outstanding is:

Sagot :

abiolataiwo2015

The number of shares outstanding is: 138,000 shares.

Number of shares outstanding

Using this formula

Number of shares outstanding=Shares issued-Shares of treasury stock

Where:

Shares issued=173,000

Shares of treasury stock=35,000

Let plug in the formula

Number of shares outstanding=173,000-35,000

Number of shares outstanding=138,000 shares

Inconclusion  the number of shares outstanding is: 138,000 shares.

Learn more about number of shares outstanding here:https://brainly.com/question/25630152

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