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Hi I need help answering the following questions he helped me out step by step thank you The following partial Information is taken from the
Hi I need help answering the following questions he helped me out step by step thank you
The following partial Information is taken from the comparative balance sheet of Levi Corporation: 12/31/2021 12/31/2020 Shareholders' equity Common stock, $5 par; 21 million shares authorized; 16 million shares issued and 11 million shares outstanding at 12/31/2021; and million shares issued and shares outstanding at 12/31/2020. Additional paid-in capital on common stock Retained earnings Treasury common stock, at cost, 5 million shares at 12/31/2021 and 3 million shares at 12/31/2020 Total shareholders' equity $ 8e million 521 million 198 million $ 55 million 397 million 158 million (73 million) $726 million (51 million) $559 million What was the average price (rounded to the nearest dollar) of the additional shares issued by Levi in 20217 Multiple Choice Cannot be determined from the given information $5 per share $30 per share $43 per share Step by Step Solution
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