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The December 31 financial statements for MATTEL Corporation reported the following: Common Stock, $5 par value, 75,000 issued shares (authorized 200,000 shares) Treasury Stock, 26,000 shares The number of outstanding common shares is: O 26,000 O 200,000 49,000 O 75,000

The December 31 financial statements for MATTEL Corporation reported the following: Common Stock, $5 par value, 75,000 issued shares (authorized 200,000 shares) Treasury Stock, 26,000 shares The number of outstanding common shares is: O 26,000 O 200,000 49,000 O 75,000

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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The December 31 financial statements for MATTEL Corporation reported the following: Common Stock, $5 par value, 75,000 issued shares (authorized 200,000 shares) Treasury Stock, 26,000 shares The number of outstanding common shares is: O 26,000 O 200,000 49,000 O 75,000
Transcribed Image Text:The December 31 financial statements for MATTEL Corporation reported the following: Common Stock, $5 par value, 75,000 issued shares (authorized 200,000 shares) Treasury Stock, 26,000 shares The number of outstanding common shares is: O 26,000 O 200,000 49,000 O 75,000
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