I need correct answer general accounting What is the total stockholders' equity based on the following account balances?Common Stock$500,000Paid-in Capital in Excess of Par 40,000Retained Earnings190,000Treasury Stock20,000A) $630,000B) $710,000C) $750,000D) $460,000

Step 1: Define Retained EarningsRetained earnings refer to the trading profits/ net earnings which…

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Managerial Accounting

15th Edition

ISBN:9781337912020

Author:Carl Warren, Ph.d. Cma William B. Tayler

Publisher:Carl Warren, Ph.d. Cma William B. Tayler

Chapter16: Financial Statement Analysis

Section: Chapter Questions

Problem 10BE

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If total assets are $20,000 and total liabilities are $12,000, the amount of stockholders’ equity is: A. $32,000. B. $(32,000). C. $(8000). D. $8,000.
Prepare the stockholders equity section of the balance sheet based on the following account balances: Common stock, 2 par, 60,000 shares 120,000 Preferred stock, 10 par, 5%, 4,000 shares 40,000 Common stock subscribed, 2 par, 3,000 shares 6,000 Retained earnings 17,000 The answers to the Self-Study Test Questions are at the end of the chapter (pages 811812).
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What is the total stockholders' equity based on the following account balances? Common Stock $450,000 Paid-in Capital in Excess of Par $90,000 Retained Earnings Treasury Stock a. $740,000 b. $730,000 c. $720,000 d. $640,000 $190,000 $10,000
What is the total stockholders' equity based on the following data? Common Stock $900,000 Excess of Issue Price Over Par—Common Stock 375,000 Retained Earnings (deficit) (50,000) a.$900,000 b.$1,225,000 c.$1,275,000 d.$1,325,000
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What is the total stockholders' equity based on the following data? Common stock $904,000 Excess of issue price over par for common stock 380,000 Retained earnings 53,000
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Using the following balance sheet and income statement data, what is the earnings per share? $ Current assets Net income 38500 42000 Stockholders' Current liabilities 15400 78600 equity Average assets 161300 Total liabilities 43200 Total assets 126000 Average common shares outstanding was 15700. $ 5.01 $ 8.03 $ 2.68 $0.37

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What is the total stockholders' equity based on the following account balances? Common Stock $500,000 Paid-in Capital in Excess of Par 40,000 Retained Earnings 190,000 Treasury Stock 20,000 A) $630,000 B) $710,000 C) $750,000 D) $460,000