Business, 29.10.2019 23:31 smmailloux7249

The following partial information is taken from the comparative balance sheet of levi corporation: shareholders’ equity 12/31/2018 12/31/2017 common stock, $5 par; 37 million shares authorized; 32 million shares issued and 27 million shares outstanding at 12/31/2018; and shares issued and outstanding at 12/31/2017. $ 160 million $ 135 million additional paid-in capital on common stock 524 million 400 million retained earnings 191 million 161 million treasury common stock, at cost, 5 million shares at 12/31/2018 and 3 million shares at 12/31/2017 (66 million) (44 million) total shareholders’ equity $ 809 million $ 652 million what was the average price (rounded to the nearest dollar) of the additional shares issued by levi in 2018?

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The following partial information is taken from the comparative balance sheet of levi corporation:...