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The following partial information is taken from the comparative balance sheet of Levi Corporation: Shareholders equity 12/31/2018 12/31/2017 Common stock, $5 par; 32 million shares
The following partial information is taken from the comparative balance sheet of Levi Corporation:
Shareholders equity | 12/31/2018 | 12/31/2017 | ||||||
Common stock, $5 par; 32 million shares authorized; 27 million shares issued and 21 million shares outstanding at 12/31/2018; and ____million shares issued and ____shares outstanding at 12/31/2017. | $ | 135 | million | $ | 105 | million | ||
Additional paid-in capital on common stock | 519 | million | 391 | million | ||||
Retained earnings | 196 | million | 156 | million | ||||
Treasury common stock, at cost, 6 million shares at 12/31/2018 and 4 million shares at 12/31/2017 | (71 | million) | (49 | million) | ||||
Total shareholders equity | $ | 779 | million | $ | 603 | million | ||
How many of Levi's common shares were outstanding on 12/31/2017?
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