Friday, September 23, 2011

What is the difference between common stock outstanding and common stock?

For my final we were given two different figures


common stock: 4,909


common stock outstanding: 1,000,000


which was I suppose to use to calculate the owners equity?|||It doesn't make sense. Are you sure one is not a number of shares and one a dollar value? Like 4,909 shares but $1m of common stock outstanding? Was there any treasury stock in the question?

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