At March 31, 2014, the Park Place Company shows the following data on their balance sheet:
Assume Park Place purchases an additional 2,000 shares of treasury stock at $25 per share. What will the total equity be after this transaction?
A) $7,802,000
B) $7,800,000
C) $7,830,000
D) $7,730,000
Correct Answer:
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