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40.000 What is the total stockholders' equity based on the following account balances? Common Stock ... ******** $500,000 Paid In Capital in Excess of Par

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40.000 What is the total stockholders' equity based on the following account balances? Common Stock ... ******** $500,000 Paid In Capital in Excess of Par .............. Retained Earnings....... 190,000 Treasury Stock ....... 20,000 a $630,000 b. $710.000 C $750,000 d. $460,000 6. Washington Bank is considering extending a $5 million, 10 year loan to Apex Corporation at 8%. Apex has a current ratio of 2.13, working capital of $1.3 million, and earnings per share of $1.13. The bank's loan officer should make the decision to a compare Apex with industry norms, benchmarks, and its own history when considering to lend the $5 million, 10 year loan. b. make the loan because Apex's liquidity is sufficient. c. only extend the credit if Apex accepts a higher interest rate. d. deny Apex the loan because of low earnings per share. 7. Tyler Company purchased machinery on January 1 at a list price of $200,000, with credit terms 2/10, 1/30. Payment was made within the discount period. Tyler paid $10,000 sales tax on the machinery, and paid installation charges of $3,520. Prior to installation, Tyler paid $8,000 to pour a concrete slab on which to place the machinery. What is the total cost of the new machinery? a $209.520 b. $217,520 c. $221,520 d. $202,000

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