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

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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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
Transcribed Image Text: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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