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g100num [7]
3 years ago
12

At the end of the accounting period, houston company had $12,000 of par value common stock issued, additional paid-in capital in

excess of par value - common of $11,000, retained earnings of $12,000, and $4,000 of treasury stock. the total amount of stockholders' equity is:
Business
1 answer:
amid [387]3 years ago
8 0

The amount of stockholder's equity is calculated as -

Total stockholder's equity = Common stock issued + Additional paid in capital + Retained earnings - Treasury capital

Total stockholder's equity = $ 12,000 + 11,000 + $ 12,000 - $ 4,000

Total stockholder's equity = $ 31,000

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true

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4 0
2 years ago
Read 2 more answers
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natita [175]

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$1,774.2

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Formula used to find out the future value ordinary annuity is:

Future value factor of ordinary annuity (FVF-0A =_{n,i} ) = \frac{1-(1+i^)^ {n} }{i}

1- oily Future value of ordinary annuity (FV-OA) = R (FVF-0A_{n,i} )

Where:

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(FVF-0A_{n,i} ) = future value of an ordinary annuity of I for n periods at i interest

Substituting the values:

Future value of ordinary annuity (FV-OA) = R (FVF-0A_{n,i} )

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                                                              =$50 X 34.7849

51 X 34.7849\\=1,774

                                                    

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3 years ago
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Answer:

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