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Business, 10.12.2019 02:31 jurneii

Landmark company this company reported the following information in the stockholders' equity section of its december 31, 2019 balance sheet: 7% cumulative, non-participating preferred stock, $100 par, 500 shares authorized, issued, and outstanding, callable at par value $ 50,000 common stock, $12 par, 100,000 shares authorized 600,000 paid-in capital in excess of par--common stock 25,000 retained earnings 825,000 refer to landmark company. what is the number of shares of common stock issued and outstanding? a. 5,000 b. 6,000 c. 50,000 d. 100,000

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