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Determine the authorized shares.

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Point 1: The charter of Vista West Corporation specifies that it is authorized to issue 201,000 shares of common stock. Since the company was incorporated, it has sold a total of 154,000 shares (at $16 per share) to the public. It has bought back a total of 14,000. The par value of the stock is $4. When the stock was bought back from the public, the market price was $20.

Question 1: Determine the authorized shares. 201,000

Question 2: Determine the issued shares.

Question 3: Determine the outstanding shares.

Reference no: EM132474311

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