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Flagler Corporation shows a total of $600,000 in its common stock account and $1,080,000 in its paid-in capital in excess of par value-common stock

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Flagler Corporation shows a total of $600,000 in its common stock account and $1,080,000 in its paid-in capital in excess of par value-common stock account. The par value of Flagler's common stock is $5. How many shares of Flagler stock have been issued? Multiple Choice 216,000 336,000 120,000 It cannot be determined

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