Business, 02.04.2020 02:06, AshtinDCardwell14
Riverbed Corporation issued 1,900 shares of $10 par value common stock upon conversion of 950 shares of $50 par value preferred stock. The preferred stock was originally issued at $64 per share. The common stock is trading at $26 per share at the time of conversion. Record the conversion of the preferred stock.
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Riverbed Corporation issued 1,900 shares of $10 par value common stock upon conversion of 950 shares...
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