given the following data for the cheyenne company: current liabilities 602; long-term debt 630; common stock 858; retained earnings 1210; total liabilities & stockholders' equity 3300.
given the following data for the cheyenne company: current liabilities 602; long-term debt 630; common stock 858;
Introduction
Common stocks are listed on the balance sheet as the total number of a company's shares. The company's owners are its common stockholders, who also have right to vote and are entitled to dividends. They might be external financiers, employees, or firm promoters.
It is a type of corporate ownership share that entitles its holders to dividend payments and voting powers at shareholder meetings.
Retained profits are the remaining earnings a business has after paying all of its direct and indirect expenses, income taxes, and dividends to shareholders. This is the equity stake in the firm that may be used, for example, to fund marketing, R&D, and new machinery purchases.
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