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Business, 11.09.2019 01:20 omojay1257

Manning company issued 10,000 shares of its $5 par value common stock having a fair value of $25 per share and 15,000 shares of its $15 par value preferred stock having a fair value of $20 per share for a lump sum of $530,000. how much of the proceeds would be allocated to the common stock?

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