=+b. Compare the two companies with regard to their credit card policies. Shareholders equity: Common stock $

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=+b. Compare the two companies with regard to their credit card policies.

Shareholders’ equity:

Common stock $ 104,847 $ 441,369 Additional paid in capital 322,254 1,613,307 Retained earnings 2,020,348 1,652,140 Accumulated other comprehensive loss and other equity items 11,186 (276,861)

Treasury stock, at cost (920,475) (996,981) ___________ __________ Total stockholders’ equity $1,538,160 $2,432,974 ___________ __________ Total liabilities and stockholder’s equity $2,938,950 $4,955,884 ___________ ___________ __________ __________

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Accounting

ISBN: 978-1111001346

23rd Edition

Authors: Carl S. Warren

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