Ogilvie Corp. issued 28,000 shares of no-par stock for $10 per share. Ogilvie was authorized...
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Ogilvie Corp. issued 28,000 shares of no-par stock for $10 per share. Ogilvie was authorized to issue 51,000 shares. What effect will this event have on the elements of the company's financial statements? Multiple Choice C) Increase assets and increase stockholders' equity by $510,000 Increase assets and increase stockholders' equity by $280,000 O o oo None of these answer choices are correct Increase cash inflows from investing activities by $280,000
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