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Flagler Corporation shows a total of $1,190,000 in its Common Stock account and $1,050,000 in its Paid-in Capital Excess account. The par value of Flagler's common stock is $7. How many shares of Flagler
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Flagler Corporation shows a total of $1,190,000 in its Common Stock account and $1,050,000 in its Paid-in Capital Excess account. The par value of Flagler's common stock is $7. How many shares of Flagler stock have been issued?

a. 170,000.
b. 150,000.
c. 320,000.
d. It cannot be determined

User Graham Walters
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c) 320,000 is the answer. you’re welcome :)
User Jaam
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