Shown Below Is Information Relating to the Shareholders' Equity of Reeve

question 63

Multiple Choice

Shown below is information relating to the shareholders' equity of Reeve Corporation as of December 31, 2009:
$\begin{array}{lr}8 \% \text { non-cumulative preference share, } \$ 100 \text { par } & \$ 600,000 \\\text { Ordinary shares, } \$ 10 \text { par, } 500,000 \text { shares authorized, } 120,000 \text { shares issued } & 1,200,000 \\\text { and outstanding } &\\\text { Share premium: ordinary share } & 600,000 \\\text { Retained earnings (Deficit) } & (60,000) \end{array}$



-Refer to the above data. How many preference shares are issued and outstanding?

• A) 75,000 shares.
• B) 6,000 shares.
• C) 60,000 shares.
• D) Some other amount.

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Mammography

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Breast Masses

Lumps or growths in the breast, which can be benign or malignant.

Sonography

A diagnostic medical procedure that uses high-frequency sound waves (ultrasound) to create images of organs, tissues, or blood flow inside the body.

Sound Waves

Mechanical waves that are an oscillation of pressure transmitted through a solid, liquid, or gas, composed of frequencies within the range of hearing.