[The following information applies to the questions displayed below.]
Shown below is information relating to the stockholders' equity of Reeve Corporation as of December 31,2018:
![[The following information applies to the questions displayed below.] Shown below is information relating to the stockholders' equity of Reeve Corporation as of December 31,2018: -How many shares of preferred stock are issued and outstanding? A) 75,000 shares B) 6,000 shares C) 60,000 shares D) 120,000 shares](https://d2lvgg3v3hfg70.cloudfront.net/TB1009/11eaae1a_a2fb_b8d9_b09f_f3681e282edc_TB1009_00_TB1009_00_TB1009_00.jpg)
-How many shares of preferred stock are issued and outstanding?
A) 75,000 shares
B) 6,000 shares
C) 60,000 shares
D) 120,000 shares
Correct Answer:
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