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How many shares of common stock are outstanding

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The Torre Company has the following stockholders' equity account balances in stockholders equity on December 31. ?

 Common Stock - $5 par, 500,000 shares authorized

 $390,000

 Paid-In Capital in Excess of Par-Common Stock

 660,000

 Preferred Stock - $100 par, 100,000 shares authorized

560,000

 Paid-In Capital in Excess of Par-Preferred

 180,000

 Retained Earnings 

 260,000

 Treasury Stock (cost - $10 per share)  

100,000

How many shares of common stock are outstanding?

Reference no: EM133254049

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