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MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
The following table lists the stockholders' equity accounts appearing on the balance sheet of a corporation on December 31, 2014. Answer the question below the table. Account Amount Common stock, $10 par value $300,000 Paid-in capital in excess of par - common 270,000 Preferred stock, 3%, $50 par value 125,000 Treasury Stock (1,200 shares) 30,000 Retained earnings 225,000 c. How many shares of preferred stock have been issued?
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