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Find the percent of growth in debt (that also included stockholder equity) from the previous year. Use the pictures to determine whether the answer is
Find the percent of growth in debt (that also included stockholder equity) from the previous year. Use the pictures to determine whether the answer is +60%, +400%, +90%, or +44% and explain how you came up with the answer please. Will rate highly!
The Hero Called to Action Financial Statements (continued) June 30 Year X Year X-1 Liabilities and stockholders' equity Liabilities: $26,343,374 $13,333,047 Accounts payable and accrued expenses Net deferred tax liability Notes payable and capital lease obligations Notes payable 41,143,125 14,365,987 6,374,320 $83,443,355 $34,357,218 9,723,003 .283 6,233,853 Total liabilities Commitments and contingencies Stockholders' equity Preferred stock, par value $0.01 per share; 20,000,000 Shares authorized at June 30, Year X; no shares authorized At June 30, YearX-1; no shares issued or outstanding At June 30, Year X or June 30, Year X-1 0 Common stock, par value $0.01 per share; 100,000,000 Shares authorized; 63,543,662 and 56,731,054 shares issued and outstanding at June 30, Year X and Year X-1, respectively 639,780 Additional paid-in capital Retained earnings 531,954 183,572,199 13,269,353 73,488,197 34,320,121 Total stockholders' equity 257,700,176 48,121,428 Total liabilities and stockholders' equity 341,143,531 82,478,646 Step by Step Solution
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