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Gennadij [26K]
3 years ago
8

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

Business
1 answer:
Rashid [163]3 years ago
3 0

Answer:

The total stockholders' equity amounts to $640,000

Explanation:

The total stockholders' equity is computed as:

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

where

Common Stock is $375,000

Paid-In Capital in Excess of Par is 90,000

Retained Earnings is 190,000

Treasury Stock is 15,000

Putting the values in the above:

= $375,000 + $90,000 + $190,000 - $15,000

= $655,000 - $15,000

= $640,000

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Diluted Earnings per share = 3.4871

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3 years ago
January 1, 2021, Woody Forrest Corporation granted executive stock options to purchase 30,000 of its common shares at $7 each. T
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Answer:

169,000

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8 0
2 years ago
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Answer:

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6 0
3 years ago
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Answer:

D.  Incomplete

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