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ted 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

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ted 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 $ 80 million 521 million 198 million $ 55 million 393 million 158 million (73 million) $726 million (51 million) $555 million How many of Levi's common shares were outstanding on 12/31/2020? Multiple Choice 16 million 11 million 8 million None of these answer choices are correct

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