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Business, 31.07.2019 17:10 sissygirl0807

Roberto corporation was organized on january 1, 2018. the firm was authorized to issue 100,000 shares of $5 par common stock. during 2018, roberto had the following transactions relating to shareholders' equity: issued 10,000 shares of common stock at $7 per share. issued 20,000 shares of common stock at $8 per share. reported a net income of $100,000. paid dividends of $50,000. purchased 3,000 shares of treasury stock at $10 (part of the 20,000 shares issued at $8). 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 100,000 share...

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