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Question
The following data has been collected about Keller Company's stockholders' equity accounts:| Common stock $10 par value 20,000 shares | |
| authorized and 10,000 shares issued, 9,000 shares outstanding |
$100,000 |
| Paid-in capital in excess of par value, common stock | 50,000 |
| Retained earnings | 25,000 |
| Treasury stock | 11,500 |
Assuming the treasury shares were all purchased at the same price, the number of shares of treasury stock is:
A.1,150.
B.1,000.
C.575.
D.11,000.
E.21,000.
Answer
This answer is hidden. It contains 75 characters.
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