On March 31,2015,the Park Place Inc.shows the following data on their balance sheet:
Assume that Park Place sells 900 shares of treasury stock at $32 per share.What will the total stockholders' equity be after this transaction?
A) $7,751,200
B) $7,028,800
C) $7,080,900
D) $7,030,000
Correct Answer:
Verified
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