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

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

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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