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Shown below is information relating to the stockholders' equity of Rockville Corporation at June 30, 2023. 11% cumulative preferred stock, $130 par, 100,000 shares
Shown below is information relating to the stockholders' equity of Rockville Corporation at June 30, 2023. 11% cumulative preferred stock, $130 par, 100,000 shares authorized, 10,000 shares issued Common stock, $1.25 par, 1,000,000 shares authorized Additional paid-in capital: preferred stock Additional paid-in capital: common stock Retained Earnings The average issue price per share of the preferred stock was: Select one: a. $150. b. $165. c. $195. d. $180. $1,300,000 $750,000 $500,000 $900,000 $1,350,000
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