Option '2' is correct
Issue stock equals the sum of Outstanding stock and Treasury stock.
Issued shares are the shares of stock that have been distributed by the corporation. Outstanding shares are shares that are currently held by stockholders (not the corporation itself). Treasury shares are issued shares that have been reacquired by the company. As such, issue stock includes Outstanding stock and Treasury stock.
Which of the following statements about issued and outstanding stock is correct? Multiple Choice Outstanding stock...
Which of the following statements concerning stock dividends is correct? Multiple Choice The declaration of a stock dividend should not be recorded as a liability even though it has not yet been issued. O The issuance of a stock dividend increases total stockholders' equity. Oo oo Courts generally have held that stock dividends, once declared, are irrevocable by the board of directors, therefore, a stock dividend declared, but not yet issued is o liability Astock dividend cannot use treasury stock
Multiple Choice Question 144
The purchase of treasury stock
has no effect on common stock outstanding.
decreases common stock authorized.
decreases common stock issued.
decreases common stock outstanding.
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