Business, 03.03.2020 22:02 tubby3229

Preferred Stock, 7%, $115 par $1,170,000 Common Stock, $1.50 par 300,000 Paid in capital in excess of par, common stock 1,200,000 Retained earnings 2.500.000 Total $5,170,000 Based on the information above, how many shares of common stock are classified as issued?

A. 1,500,000
B. 1,000,000
C. 300,000
D. 200,000

Answers: 2

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Preferred Stock, 7%, $115 par $1,170,000 Common Stock, $1.50 par 300,000 Paid in capital in excess o...