A total of 400,000 shares of common stock and 20,000 shares of preferred stock were outstanding at the end of the year. The book value per share is * Q Sample format: 1.11 Data from National Corporation's most recent balance sheet appear below: Preferred stock. Common stock. P 150,000 350,000 Additional paid-in capital-common stock. Retained earnings. Total stockholders' equity. 360,000 580,000 P1.440.000

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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A total of 400,000 shares of common stock and 20,000 shares of preferred stock were
outstanding at the end of the year. The book value per share is * O
Sample format: 1.11
Data from National Corporation's most recent balance sheet appear below:
Preferred stock,
Common stock.
P 150,000
350,000
Additional paid-in capital-common stock.
Retained earnings.
Total stockholders' equity
360,000
580,000
P1.440.000
wwww.lm
Transcribed Image Text:A total of 400,000 shares of common stock and 20,000 shares of preferred stock were outstanding at the end of the year. The book value per share is * O Sample format: 1.11 Data from National Corporation's most recent balance sheet appear below: Preferred stock, Common stock. P 150,000 350,000 Additional paid-in capital-common stock. Retained earnings. Total stockholders' equity 360,000 580,000 P1.440.000 wwww.lm
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