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The following partial information is taken from the comparative balance sheet of Levi Corporation:

-How many of Levi's common shares were outstanding on 12/31/2015?
A)14 million.
B)9 million.
C)5 million.
D)None of these answer choices is correct.

Question

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The following partial information is taken from the comparative balance sheet of Levi Corporation:
 
-How many of Levi's common shares were outstanding on 12/31/2015?
A)14 million. 
B)9 million. 
C)5 million. 
D)None of these answer choices is correct.

Quizplus · Accepted Answer

The information in the balance sheet shows that there were 5 million common shares outstanding on 12/31/2015.

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