A corporation has issued 50,000,000 shares of common stock at $2 par. The corporation has 10,000,000 shares of Treasury Stock on its books. The aggregate value of the outstanding shares is:
A. $20,000,000
B. $40,000,000
C. $80,000,000
D. $100,000,000
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Home » Business » A corporation has issued 50,000,000 shares of common stock at $2 par. The corporation has 10,000,000 shares of Treasury Stock on its books. The aggregate value of the outstanding shares is: A. $20,000,000 B. $40,000,000 C. $80,000,000 D.