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Business, 18.03.2021 01:40 brooke0713

Roberto Corporation was organized on January 1, 2021. The firm was authorized to issue 90,000 shares of $5 par common stock. During 2021, Roberto had the following transactions relating to shareholders' equity: Issued 10,400 shares of common stock at $5.60 per share. Issued 19,200 shares of common stock at $9.70 per share. Reported a net income of $102,000. Paid dividends of $58,000. Purchased 3,600 shares of treasury stock at $11.70 (part of the 19,200 shares issued at $9.70). What is total shareholders' equity at the end of 2021

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Roberto Corporation was organized on January 1, 2021. The firm was authorized to issue 90,000 shares...
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