A corporation purchased 1,000 shares of its own
$5
par common stock at
$10
and subsequently sold 500 of the shares at
$20
. What is the amount of revenue realized from the sale? 50 $5,000 $2,500
$10,000

Question

A corporation purchased 1,000 shares of its own

$5

par common stock at

$10

and subsequently sold 500 of the shares at

$20

. What is the amount of revenue realized from the sale? 50 $5,000 $2,500

$10,000

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Solution for - A corporation purchased 1,000 shares of its own $5 par common stock at $10 and subsequently sold 500

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