Theodore Company has 12,000 shares of $6 par common stock outstanding, which Theodore Company issued at $10

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Theodore Company has 12,000 shares of $6 par common stock outstanding, which Theodore Company issued at $10 per share. Theodore Company also has retained earnings of $84,000. How much is Theodore Company’s total stockholders’ equity?

a. $ 48,000

b. $ 120,000

c. $ 204,000

d. $ 72,000 AppendixLO1

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Financial Accounting

ISBN: 9781292019543

3rd Global Edition Edition

Authors: Robert Kemp, Jeffrey Waybright, Pearson Education

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Question Posted: Sep 19, 2024 04:02 AM

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Theodore Company has 12,000 shares of $6 par common stock outstanding, which Theodore Company issued at $10

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Financial Accounting

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