Question:
The stockholder's equity of a corporation is composed of preferred $3 stock, $50 par, $700,000; paid-in capital in excess of par---preferred stock, $25,000; common stock, $10 par, $1,000,000; paid-in capital in excess of par---common stock, $75,000; and retained earnings, $70,000. The net income is $45,000.
1) The paid-in capital attributable to preferred stock is.
2) The paid-in capital attributable to common stock is...
3) Earnings per share of common stock is...
4) The total stockholder's equity is...
Answer:
doing your own homework will get YOU five stars (and an education).
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