a company reports the following stockholders' equity: Paid in capital commonstock, $10 par, 500,000 shares...
60.1K
Verified Solution
Link Copied!
Question
Accounting
a company reports the following stockholders' equity:
Paid in capital
commonstock, $10 par, 500,000 shares authorized = 3,000,000
paid in capital in excess of par, commonstock = 1,300,000
total paid in capital =4,300,000
retained earnings = 1,400,000
total stockholders equity = 5,700,000
compute the:
1. Number of common shares outstanding =
2. book value per common share =
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
- Unlimited Question Access with detailed Answers
- Zin AI - 3 Million Words
- 10 Dall-E 3 Images
- 20 Plot Generations
- Conversation with Dialogue Memory
- No Ads, Ever!
- Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Other questions asked by students
StudyZin's Question Purchase
1 Answer
$0.99
(Save $1 )
One time Pay
- No Ads
- Answer to 1 Question
- Get free Zin AI - 50 Thousand Words per Month
Best
Unlimited
$4.99*
(Save $5 )
Billed Monthly
- No Ads
- Answers to Unlimited Questions
- Get free Zin AI - 3 Million Words per Month
*First month only
Free
$0
- Get this answer for free!
- Sign up now to unlock the answer instantly
You can see the logs in the Dashboard.