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CALCULATOR FULL SCREEN PRINTER VERSION HACK Question 51 The stockholders' equity section of Fauberg Marigny Corporation at December 31 is as follows. FAUBERG MARIGNY CORPORATION
CALCULATOR FULL SCREEN PRINTER VERSION HACK Question 51 The stockholders' equity section of Fauberg Marigny Corporation at December 31 is as follows. FAUBERG MARIGNY CORPORATION Balance Sheet (partial) Stockholders' equity Pald-in capital Preferred stock, cumulative, 10,000 shares authorized, 5,000 shares issued and outstanding $300,000 Common stock, no par, 750,000 shares authorized, 300,000 shares issued 1,500,000 Total paid-in capital 1,800,000 Retained earnings 2,050,000 Total paid-in capital and retained earnings 3,850,000 Less: Treasury stock (5,000 common shares) (64,000) Total stockholders' equity $3,786,000 From a review of the stockholders' equity section, answer the following questions. (a) How many shares of common stock are oftstanding? Outstanding shares shares
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