The shareholders' equity section of the balance sheet of Caesar Corporation at December 31, 2009, appears as follows: (The company engaged in no treasury share transactions prior to 2009) 
-Refer to the above data. How many ordinary shares are outstanding?
Definitions:
Monopolistically Competitive
Refers to a market structure where many firms sell products that are similar but not identical, allowing for some degree of market power.
Fixed Costs
Expenses that do not change with the level of production or sales, such as rent, salaries, or insurance.
Short Run
A period in economics during which at least one input is fixed, limiting the ability of a firm to adjust its production levels.
Monopolistically Competitive
refers to a market structure where many firms sell products that are similar but not identical, allowing for some degree of market power and promotional differentiation.
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