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MC Qu. 11-176 Creston Enterprises has common stock with a par value of... Creston Enterprises has common stock with a par value of $5. During
MC Qu. 11-176 Creston Enterprises has common stock with a par value of... Creston Enterprises has common stock with a par value of $5. During the current year, it declared and paid dividends of $20,000. It sold at $20 per share an additional 2,000 shares of stock that had not been previously issued. In addition, it had net income of $100,000 for the year. What is the amount of change to its stockholders' equity for the year? Multiple Choice 0 $140,000 0 $90,000 0 $110,000 0 $120,000
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