Multiple Choice
Flagler Corporation shows a total of $660,000 in its Common Stock account and $1,600,000 in its Paid-in Capital Excess account.The par value of Flagler's common stock is $8.How many shares of Flagler stock have been issued?
A) 117,500.
B) 200,000.
C) 82,500.
D) It cannot be determined
Correct Answer:
Verified
Correct Answer:
Verified
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