Ogilvie Corp. issued 24,000 shares of no-par stock for $30 per share. Ogilvie was authorized to issue

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Ogilvie Corp. issued 24,000 shares of no-par stock for $30 per share. Ogilvie was authorized to issue 47,000 shares. What effect will this event have on the company's financial statements?

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Managerial Economics

ISBN: 978-0133020267

7th edition

Authors: Paul Keat, Philip K Young, Steve Erfle

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Posted Date: Jan 15, 2021 01:37 PM

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Ogilvie Corp. issued 24,000 shares of no-par stock for $30 per share. Ogilvie was authorized to issue

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Answer Assets increase by 720000 Equity increase by 720000 Solution ... View the full answer

Managerial Economics

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