19. Common share outstanding at December 31, 2019 = Beginning Balance + Issue of additional share - Repurchase
= 2000000+200000-500000
= 1700000
Option D. is correct answer.
20. Cash paid = cost of goods sold + inventory increase - accounts payable increase
= $100000+500000-200000
= $103000
O $84 628,000 E $43.439,000 QUESTION 19 Crystal Palace Inc has 2.400.000 shares of common stock...
On 1/1/2019, Hedex, Inc. has 2,500,000 shares of Common Stock authorized, 820,000 shares of Common Stock issued and 790,000 shares of Common Stock outstanding. During 2019, the company issued another 25,000 shares and reacquired 6,000 of its own shares as Treasury Stock. As of 12/31/2019, what is the number of shares of the company’s Common Stock that would be outstanding? a. 2,500,000. b. 809,000. c. 790,000. d. 2,519,000. e. 849,000.
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