Connor Health Foods has 10,000 shares of ($ 1) par common stock outstanding, which was issued at

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Connor Health Foods has 10,000 shares of \(\$ 1\) par common stock outstanding, which was issued at \(\$ 10\) per share. Connor also has retained earnings of \(\$ 80,000\). How much is Connor's total stockholders' equity?

a. \(\$ 10,000\)

b. \(\$ 90,000\)

c. \(\$ 100,000\)

d. \(\$ 180,000\)

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Accounting

ISBN: 9780132439602

7th Edition

Authors: Charles T. Horngren, Walter T. Harrison

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