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Business, 11.02.2021 17:10 alexisbrad3107

Worthy Ships initially issued 320,000 shares of $1 par stock for $1,600,000 in 2021. In 2023, the company repurchased 32,000 shares for $320,000. In 2024, 16,000 of the repurchased shares were resold for $256,000. In its balance sheet dated December 31, 2024, C. Worthy's treasury stock account shows a balance of: Multiple Choice $0 $320,000 $64,000 $160,000

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Worthy Ships initially issued 320,000 shares of $1 par stock for $1,600,000 in 2021. In 2023, the co...
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