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Question - Roberto Corporation was organized on January 1, 2011. The firm was authorized to issue 100,000 shares of $5 par common stock. During 2011, Roberto had the following transactions relating to shareholders' equity
What is total shareholders' equity at the end of 2011?
A. $270,000.
B. $300,000.
C. $250,000.
D. $200,000.
In this analysis you will discuss the financial health of this company with the ultimate goal of making a recommendation to other investors.
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