Math Problem Statement
Given the situation below, determine the outstanding shares for the company.
“During Q1 and Q2, a company had a total of 500,000 outstanding shares. However, there was a buyback of 80,000 outstanding shares by the company at the beginning of Q3. Meanwhile in Q4, there was an additional 120,000 outstanding shares.”
Solution
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Math Problem Analysis
Mathematical Concepts
Arithmetic
Shares Calculation
Formulas
Outstanding shares after buyback = Initial shares - Buyback
Outstanding shares after issuance = Remaining shares + Issued shares
Theorems
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Suitable Grade Level
Grades 9-12
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