Business
Business, 21.11.2019 07:31, esanchez2002fcb

Finishing touches has two classes of stock authorized: 7%, $10 par preferred, and $1 par value common. the following transactions affect stockholders' equity during 2021, its first year of operations: january 2 issues 100,000 shares of common stock for $27 per share. february 6 issues 2,200 shares of 7% preferred stock for $13 per share. september 10 purchases 12,000 shares of its own common stock for $32 per share. december 15 resells 6,000 shares of treasury stock at $37 per share.

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Finishing touches has two classes of stock authorized: 7%, $10 par preferred, and $1 par value comm...

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