Business, 11.11.2019 19:31 justyne2004

The following partial information is taken from the comparative balance sheet of levi corporation: shareholders’ equity 12/31/2018 12/31/2017 common stock, $5 par; 20 million shares authorized; 15 million shares issuedand 9 million shares outstanding at 12/31/2018; and million shares issuedand shares outstanding at 12/31/2017. $ 75 million $ 45 million additional paid-in capital on common stock 520 million 392 million retained earnings 197 million 157 million treasury common stock, at cost, 6 million shares at 12/31/2018 and 4 millionshares at 12/31/2017 (72 million) (50 million) total shareholders’ equity $ 720 million $ 544 million 1. a. how many of levi's common shares were outstanding on 12/31/2017? a.14 million. b.9 million. c.5 million. d.none of these answer choices are correct. b. what was the average price (rounded to the nearest dollar) of the additional shares issued by levi in 2018? $5 per share.$26 per share.$39 per share. cannot be determined from the given information. c. what was the average price of the additional treasury shares purchased by levi during 2018? $11 per share.$12 per share.$12.50 per share. none of these answer choices are correct.

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