Question
Coral Cleaners Ltd reported the following information in the shareholders' equity section of its 30 June 2017, statement of financial position. 7% cumulative, non-participating preferred
Coral Cleaners Ltd reported the following information in the shareholders' equity section of its 30 June 2017, statement of financial position.
7% cumulative, non-participating preferred share (500 shares) $60 000
Ordinary share (120 000 shares) $570 000
Retained earnings $825 000
Calculate Coral Cleaners Ltd 's total contributed capital:
| $885 000 | ||
| $630 000 | ||
| $585 000 | ||
| $1 395 000 |
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Auditing Organizational Communication A Handbook Of Research Theory And Practice
Authors: Owen Hargie, Dennis Tourish
2nd Edition
0415414466, 978-0415414463
