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Based on the following data, calculate the par value: Original stock price in excess of par 37 Current assets 40,000 Retained earnings 29,900 L-T Debt

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Based on the following data, calculate the par value: Original stock price in excess of par 37 Current assets 40,000 Retained earnings 29,900 L-T Debt 30,000 Fixed assets 105,000 # shares 1,800 Current liabilties 5,000

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