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RKJ Company has provided the following information: . 117,000 shares of $5 par value common stock are authorized 77,500 shares have been issued . 69,600
RKJ Company has provided the following information: . 117,000 shares of $5 par value common stock are authorized 77,500 shares have been issued . 69,600 shares are outstanding Which of the following statements is correct? Multiple Choice RKJ can issue an additional 39,500 shares of treasury stock. RKJ has 39,500 shares of treasury stock. RKJ can resell 7,900 shares of treasury stock. RKJ can issue an additional 47,400 shares of common stock. A company reported total stockholders' equity of $535,000 on its balance sheet dated December 31, 2018. During the year ended December 31, 2019, the company reported net income of $61,500, declared and paid a cash dividend of $19,500, declared and distributed a 10% stock dividend with a $16,500 total market value, issued additional common stock for $65,000, and resold treasury stock for $16,500 that it had purchased in 2018 for $13,500. What is total stockholders' equity as of December 31, 2019? Multiple Choice $658,500. $661,500. $645,000. $655,500
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