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The following partial information is taken from the comparative balance sheet of Levi Corporation: 12/31/2018 12/31/2017 Shareholders' equity Common stock, $5 par; 35 million shares
The following partial information is taken from the comparative balance sheet of Levi Corporation: 12/31/2018 12/31/2017 Shareholders' equity Common stock, $5 par; 35 million shares authorized; 30 million shares issued and 27 million shares outstanding at 12/31/2018; and million shares shares outstanding at 12/31/2017. Additional paid-in capital on common stock Retained earnings Treasury common stock, at cost, 3 million shares at 12/31/2018 and 1 million shares at 12/31/2017 Total shareholders' equity $ 150 million 522 million 193 million $135 million 391 million 159 million (68 million) $ 797 million (46 million) $639 million What was the average price (rounded to the nearest dollar) of the additional shares issued by Levi in 2018? Multiple Choice 0 C) $5 per share. 0 O. $49 per share. 0 $62 per share. 0 Cannot be determined from the given information
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