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(Solved): The ZZZ Corporation issued $25 million in new common stock in 2008. It used $18 million of the proce ...



The ZZZ Corporation issued $25 million in new common stock in 2008. It used $18 million of the proceeds to replace obsolete equipment in its factory and $7 million to repay bank loans. As a result, investment: Choose one answer. Group of answer choices of $7 million has occurred. of $25 million has occurred. of $18 million has occurred. has not occurred.



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