Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. drewson health foods has 14,000 shares of $3 par c

Drewson Health Foods has 14,000 shares of $3 par cormmon stock outstanding, which were issued...

60.1K

Verified Solution

Question

Accounting

image
Drewson Health Foods has 14,000 shares of $3 par cormmon stock outstanding, which were issued at $15 per share. Drewson also has a deficit balance in Retained Eamings of $87,000. How much is Drewson's total stockholders' equity? A. $297,000 B. $42,000 iC. $123,000 D. $210,000

Answer & Explanation Solved by verified expert
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!
Become a Member

Other questions asked by students

Chemistry
1.2K views

Consider the one dimensional model of one-particle-in-a-box. Under what condition the two quantum levels are orthogonal....

Mechanical Engineering
1.2K views

(Manufacturing Technology) 1. Do a summary what happen to titanic in the aspect of material(body) and the...

Accounting
1.2K views

•I am assigned a project from my CPA firm. I have to go into a new...

Biology
1.2K views

What happens to the temperature in the various layers as you move away from earth?...

Biology
1.2K views

Within the Phylum Cnidaria which of the following describes the medusa form A an umbrella...

Geometry
1.2K views

Consider the following function v x 5 x 4 Step 1 of 4 Determine the...

Basic Math
1.2K views

Unit 5 Lesson 1 Cumulative Practice 1 Which expression equals 27 A B 2 2...

Accounting
1.2K views

Question 3 of 5 11.11/20 III View Policies Show Attempt History Current Attempt...

Accounting
1.2K views

1.) Keith, an employee of Sunbeam, Inc., has gross salary for May of $6,000. The...

Accounting
1.2K views

On January 1, 2025. Crane Co. enters into a contract to sell a customer a...

Accounting
1.2K views

Problem 3-28A (Algo) Comprehensive cycle problem: Periodic system (Appendix) LO 3-9 The...

Finance
1.2K views

Question 11 Khalid has SAR 191 in his savings account. If the bank pays 4...