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Norma-Jean [14]
3 years ago
13

What is the total stockholders' equity based on the following account balances?

Business
1 answer:
Lady_Fox [76]3 years ago
3 0

Answer:

$22,20,000

Explanation:

Given information:

Common Stock = $1800000

Paid-In Capital in Excess of Par = $140000

Retained Earnings = $360000

Treasury Stock = $80000

The formula for total stockholders' equity is

Total stockholders' equity = Total assets - Total liability

Total stockholders' equity = Common Stock + Paid-In Capital in Excess of Par+Retained Earnings-Treasury Stock

Substitute the given values in the above formula

Total stockholders' equity = $1800000  + $140000 +$360000 -$80000

Total stockholders' equity = $22,20,000

Therefore, the value of total stockholders' equity is $22,20,000.

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olga_2 [115]

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<h3>What is producer surplus?</h3>

Producer surplus is the additional benefit that the tutors receive.  It can be computed by determining the difference between old tutoring price, $5, and the new market price of $15. The implication is that while tutors are willing to accept $5, the new marketing price has made it possible for them to increase their surplus by $10 ($15 - $5).

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Learn more about producer surplus at brainly.com/question/7622454

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