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O On its year end balance sheet, Wells Inc. reports treasury stock at cost of $5,427 million. The company has a total of 1,172,513,618
O On its year end balance sheet, Wells Inc. reports treasury stock at cost of $5,427 million. The company has a total of 1,172,513,618 shares issued and 1,082,986,591 shares outstanding. What average price did Wells pay for treasury shares? Select one: a. $5.01 b. $2.41 c. $60.62 d. $4.63 e. None of these are correct
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Managerial Accounting Tools for Business Decision Making
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
7th edition
978-1118334331, 1118334337, 978-1119036449, 1119036445, 978-1119036432
