Question: Multiple Choice Question 50 In 2017, Vaughn Manufecturing, issued for $102 per share, 89500 shares of $100 par vale convertible greferred stock. One share of

Multiple Choice Question 50 In 2017, Vaughn Manufecturing, issued for $102 per share, 89500 shares of $100 par vale convertible greferred stock. One share of preferred stock can be onnverted into three shares of Vaughn's $2s par common stock at preferred stockholder converted inte common at the date f the $223750o $1074000 O $2416500

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