Multiply the numerators and denominators together:
-24/150
Divide the numerator and denominator by 6:
-24 / 6 = -4
150 / 6 = 25
-4/25
The total stockholders equity based on the information given will be $8285000.
<h3>How to compute the equity?</h3>
The stockholders equity will be calculated thus:
Common stock $4480000
Excess over par = $1152000
Paid in capital = $5632000
Sale of treasury = $224,000
Total paid in capital = $5856000
Retained earnings = $2,554,000
Total = $8,410,000
Less treasury stock = 125,000
Total stockholders equity = $8,410,000 - $125000
= $8285000
Therefore, the total stockholders equity based on the information given will be $8285000.
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Answer:
I think the answer is C.
Step-by-step explanation:
Have a good day ;-).
Answer: .03
Step-by-step explanation:
Answer:
-2 7/12
Step-by-step explanation:
When the negative number is being subtracted, it is like adding, but you HAVE TO KEEP THE NEGATIVE SIGN. In this case, -1 9/12 plus -10/12 would be -1 19/12.
Simplified, it would be -2 7/12.
