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Business, 17.07.2019 06:10 Bg88860709

Roberto corporation was organized on january 1, 2018. the firm was authorized to issue 96,000 shares of $5 par common stock. during 2018, roberto had the following transactions relating to shareholders' equity: issued 10,700 shares of common stock at $5.60 per share. issued 19,900 shares of common stock at $9.80 per share. reported a net income of $92,000. paid dividends of $50,000. purchased 3,500 shares of treasury stock at $11.80 (part of the 19,900 shares issued at $9.80). what is total shareholders' equity at the end of 2018?

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Roberto corporation was organized on january 1, 2018. the firm was authorized to issue 96,000 shares...

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