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Preferred stock, $100 par $500,000 Paid-in capital in excess of par-preferred $35,000 Common stock, $1 par $190,000 Paid-in capital in excess of par-common $380,000 Retained earnings $131,500 Total stockholders' equity $1,236,500 What was the total paid-in capital (Contributed Capital) as of December 31, 2014? A. $1,236.600 D $1.105.000

Preferred stock, $100 par $500,000 Paid-in capital in excess of par-preferred $35,000 Common stock, $1 par $190,000 Paid-in capital in excess of par-common $380,000 Retained earnings $131,500 Total stockholders' equity $1,236,500 What was the total paid-in capital (Contributed Capital) as of December 31, 2014? A. $1,236.600 D $1.105.000

Managerial Economics: Applications, Strategies and Tactics (MindTap Course List)
Managerial Economics: Applications, Strategies and Tactics (MindTap Course List)
14th Edition
ISBN:9781305506381
Author:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris
Publisher:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris
Chapter1: Introduction And Goals Of The Firm
Section: Chapter Questions
Problem 2.5CE: Energy entrepreneur T. Boone Pickens has proposed converting the trucking fleet in the United States...
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The following information is from the balance sheet of Tudor Corporation as of December 31, 2014. Preferred stock, $100 par $500,000 Paid-in capital in excess of par-preferred $35,000 Common stock, $1 par $190,000 Paid-in capital in excess of par-common $380,000 Retained earnings $131,500 Total stockholders' equity $1.236.500 What was the total paid-in capital (Contributed Capital) as of December 31, 2014? A. $1,236,600 B. $1,105,000 C. $956,000 D. $131.500
Transcribed Image Text:The following information is from the balance sheet of Tudor Corporation as of December 31, 2014. Preferred stock, $100 par $500,000 Paid-in capital in excess of par-preferred $35,000 Common stock, $1 par $190,000 Paid-in capital in excess of par-common $380,000 Retained earnings $131,500 Total stockholders' equity $1.236.500 What was the total paid-in capital (Contributed Capital) as of December 31, 2014? A. $1,236,600 B. $1,105,000 C. $956,000 D. $131.500
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