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...

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        640,000 Preferred Stock – $100 par, 100,000 shares authorized510,000 Paid-In Capital in Excess of Par—Preferred 120,000 Retained Earnings  230,000 Treasury Stock (cost – $10 per share)  120,000How many shares of common stock are outstanding?

Jun 10, 2022
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