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Bonita Industries issues 4400 shares of its $5 par value common stock having a fair value of $20 per share and 6400 shares of its $10 par value preferred stock having a fair value of $20 per share for
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Bonita Industries issues 4400 shares of its $5 par value common stock having a fair value of $20 per share and 6400 shares of its $10 par value preferred stock having a fair value of $20 per share for a lump sum of $206000. What amount of the proceeds should be allocated to the preferred stock

User Srinivas ML
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6 votes
6 votes

Answer:

July this po off free UI to vote no maybe cv kk

User Ramprasad
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