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The stockholders' equity section of Velcro World is presented here.


Based on the stockholders' equity section of Velcro World, answer the following questions. Remember that all amounts are presented in thousands. 


2. How many shares of common stock have been issued?

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Answer #1

The correct answer is

Number of common stock shares 30000000 shares

Calculation

Number of common stock issued

= ($30000/1)×1000

= 30000000 common stock shares

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