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The following partial information is taken from the comparative balance sheet of Levi Corporation Shareholders equity Common stock, $5 par; 24 million shares authorized; 19
The following partial information is taken from the comparative balance sheet of Levi Corporation Shareholders equity Common stock, $5 par; 24 million shares authorized; 19 million shares issued and 13 million shares outstanding at 12/31/2018; andmillion shares issued and shares outstanding at 12/31/2017. Additional paid-in capital on common stock Retained earnings Treasury common stock, at cost, 6 million shares at 12/31/2018 and 4 million shares at 12/31/2017 Total shareholders' equity /31/2018 12/31/2817 95 million 65 million 24 million 396 million 201 million 161 million (54 million) 744 million $568 million 76 mi 1 1 ion How many of Levi's common shares were outstanding on 12/31/2017? Multiple Choice 18 million 13 milion 9 million None of these answer choices are correct
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