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How many shares of common stock are outstanding

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Question - Use the incomplete Stockholders' Equity section of Box Company's balance sheet as of December 31, 2017, to answer the following question.

Common stock, $7 par, 100,000 shares authorized $700,000

Additional paid-in capital-common 160,000

Retained earnings ?

Treasury stock (2,000 shares at cost) (16,000)

Total stockholders' equity 974,000

Required - How many shares of common stock are outstanding?

Reference no: EM132536489

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