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devildoc devildoc
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A year ago
Mary Lee

Mary Lee owned 500 shares of Dugan Company's convertible preferred stock at $20 par value. She converted each share of preferred stock into four shares of common stock.


Refer to Mary Lee. Compute the number of shares of common stock that Mary Lee received when she converted.
Textbook 
Contemporary Business Mathematics for Colleges

Contemporary Business Mathematics for Colleges


Edition: 16th
Authors:
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realistpnoyrealistpnoy
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devildoc Author
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A year ago
Correct Slight Smile TY
nicolepope23
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Thanks for your help!!
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