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The following partial information is taken from the comparative balance sheet of Levi Corporation: 12/31/2021 12/31/2020 points (8 01:30:32 Shareholders' equity Common stock, $5 par;
The following partial information is taken from the comparative balance sheet of Levi Corporation: 12/31/2021 12/31/2020 points (8 01:30:32 Shareholders' equity Common stock, $5 par; 33 million shares authorized; 28 million shares issued and 23 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 $140 million 520 million 195 million $115 million 392 million 157 million eBook (70 million) $785 million (48 million) $616 million How many of Levi's common shares were outstanding on 12/31/2020? Multiple Choice o 20 million C) 23 million. How many of Levi's common shares were outstanding on 12/31/2020? points Multiple Choice (8 01:30:26 eBook O 20 million. O 23 million. O None of these answer choices are correct. O 28 million
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