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Showing below is information relating to stockholders' equity of Reeve Corporation Shown below is information relating to the stockholders' equity of Reeve Corporation as of
Showing below is information relating to stockholders' equity of Reeve Corporation
Shown below is information relating to the stockholders' equity of Reeve Corporation as of December 31, 2018: $1,800,000 6.5% cumulative preferred stock, $100 par Common stock, $10 par, 520,000 shares authorized, 172,000 shares issued and outstanding Additional paid-in capital: Common stock Retained earnings (Deficit) Dividends in arrears 1,720,000 860,000 (86,000) 117,000 How many shares of preferred stock are issued and outstanding? Multiple Choice 52,000 shares. 180.000 shares. 17,200 shares. 18.000 sharesStep by Step Solution
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