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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; 30 million shares
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; 30 million shares authorized; 25 million shares issued and 21 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, 4 million shares at 12/31/2021 and 2 million shares at 12/31/2020 Total shareholders' equity $125 million 530 million 207 million $105 million 402 million 167 million (82 million) $780 million (60 million) $614 million How many of Levi's common shares were outstanding on 12/31/2020? How many of Levi's common shares were outstanding on 12/31/2020? Multiple Choice 4 None of these answer choices are correct. O 26 million 21 million. 19 million
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