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15. The common stock account on a company's balance sheet is measured as: A. The number of common shares outstanding multiplied by the stock's par

15. The common stock account on a company's balance sheet is measured as: A. The number of common shares outstanding multiplied by the stock's par value per share. B. The number of common shares outstanding multiplied by the stock's current market value per share. C. The number of common shares issued multiplied by the stock's par value per share. D. None of these is correct. The correct answer and rationale for your answer are shown below

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