The annual report for Colonel Grains disclosed that 1 billion shares of common stock have...
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Accounting
The annual report for Colonel Grains disclosed that 1 billion shares of common stock have been authorized. At the beginning of 2017 , 745 million shares had been issued and the number of shares in treasury stock was 104 million. During 2017 , the only common share transactions were that 15 million common shares were reissued from treasury and 21 million common shares were purchased and held as treasury stock Required: Determine the number of common shares (a) issued, (b) in treasury, and (c) outstanding at the end of 2017. (Enter your answers in millions.)
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