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The following partial information is taken from the comparative balance sheet of Levi Corporation: Shareholders' equity Common stock, $5 par; 20 million shares authorized; 15

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The following partial information is taken from the comparative balance sheet of Levi Corporation: Shareholders' equity Common stock, $5 par; 20 million shares authorized; 15 million shares issued and 9 million shares outstanding at 12/31/2018; and million 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 12/31/ $75 mi 520 mi 197 mi] (72 mi $720 mi How many of Levi's common shares were outstanding on 12/31/20172 Multiple Choice 0 None of these answer choices are correct. 9 million 5 million. 14 million

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