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SIE Prep- Mastery Exam 1 Questions and Answers Solved 100% Correct
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A corporation has issued 50,000,000 shares of common stock at $.50 par. The corporation has 10,000,000 shares of Treasury Stock on its books. The aggregate par value of the outstanding shares is: - ANSWER-$20,000,000 (50 mil- 10 mil= 40 mil x.5 par = 20mil) Dawn owns 100 shares of ACME Company ...
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