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As of December 31, 2016: Capital Stock, $1,000,000 ($1 par) Paid-In Capital in Excess of Par ValueCommon, $4,000,000 Retained Earnings Balance on January 1, 2016,
As of December 31, 2016:
- Capital Stock, $1,000,000 ($1 par)
- Paid-In Capital in Excess of Par ValueCommon, $4,000,000
- Retained Earnings Balance on January 1, 2016, $400,000
- Retained Earnings Balance on December 31, 2016, $300,000
- Dividends declared and paid in 2016: $1,100,000
How many shares of stock are issued and outstanding?
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Accounting Information Systems
Authors: Cynthia D Heagy, Constance M Lehmann
7th Edition
1111219516, 978-1111219512
