Question: required information the following information applies to the questions displayed...
[The following information applies to the questions displayed below.]
Shown below is information relating to the stockholders' equity of Brookdale Corporation at December 31, 2018:
|11% cumulative preferred stock, $130 par, 100,000 shares
10,000 shares issued
|Common stock, $1.25 par, 1,000,000 shares authorized, 600,000
(of which 6,000 are held in treasury)
|Additional paid-in capital: preferred stock||500,000|
|Additional paid-in capital: common stock||900,000|
|Additional paid-in capital: treasury stock transactions||6,000|
|Treasury stock (at cost: 6,000 common shares)||(192,000||)|
How many shares of common stock are outstanding?