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Question
a corporation has the following account balances: common stock, $1 par value, $60,000; paid-in capital in excess of par value, $2,700,000. based on this information, the
a.legal capital is $2,760,000
b.number of shares issued is 60,000
c.number of shares outstanding is 2,760,000
d.average price per share issued is $4.60
Answer
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