At March 31, 2014, the Park Place Company Shows the Following

question 37

Multiple Choice

At March 31, 2014, the Park Place Company shows the following data on their balance sheet: Assume that Park Place sells 900 shares of treasury stock at $32 per share. What will the total equity be after this transaction?

• A)$7,751,200
• B)$7,808,800
• C)$7,780,900
• D)$7,730,000

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Definitions:

International Trade

The exchange of goods and services between countries, which allows for increased efficiency and market expansion.