They issued these shares at 40 and they are now trading at


Flex, a popular athletic apparel store, has a common stock book value of $40,000. They issued these shares at $40 and they are now trading at $50.how many shares outstanding does Flex have?

How would I set up an equation to solve this problem?

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Finance Basics: They issued these shares at 40 and they are now trading at
Reference No:- TGS02880608

Now Priced at $10 (50% Discount)

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