Ahrens Industries is authorized to issue 250,000 shares of no-par common stock with a $6 stated value. Ahrens issues 175,000 shares at $9 per share. What value in excess of the stated value should Ahrens record as additional paid-in capital in the stockholders’ equity section of its balance sheet? $525,000 $450,000 $225,000 $675,000
Ahrens Industries is authorized to issue 250,000 shares of no-par common stock with a $6 stated value. Ahrens issues 175,000 shares at $9 per share. What value in excess of the stated value should Ahrens record as additional paid-in capital in the stockholders’ equity section of its balance sheet? $525,000 $450,000 $225,000 $675,000
Ahrens Industries is authorized to issue 250,000 shares of no-par common stock with a $6 stated value. Ahrens issues 175,000 shares at $9 per share. What value in excess of the stated value should Ahrens record as additional paid-in capital in the stockholders’ equity section of its balance sheet? $525,000 $450,000 $225,000 $675,000
Ahrens Industries is authorized to issue 250,000 shares of no-par common stock with a $6 stated value. Ahrens issues 175,000 shares at $9 per share. What value in excess of the stated value should Ahrens record as additional paid-in capital in the stockholders’ equity section of its balance sheet?
$525,000
$450,000
$225,000
$675,000
Definition Definition Assets available to stockholders after a company's liabilities are paid off. Stockholders’ equity is also sometimes referred to as owner's equity. A stockholders’ equity or book value generally includes common stock, preferred stock, and retained earnings and is an indicator of a company's financial strength.
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