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Pharoah Company's December 31, 2020 balance sheet showed the following: 6% preferred stock, $10 par value, cumulative, 40000 shares authorized; 20000 shares issued $200000
Pharoah Company's December 31, 2020 balance sheet showed the following: 6% preferred stock, $10 par value, cumulative, 40000 shares authorized; 20000 shares issued $200000 Common stock, $10 par value, 4,000,000 shares authorized; 2,600,000 shares issued, 2,560,000 shares outstanding 22900000 Paid-in capital in excess of par value - preferred stock 73000 Paid-in capital in excess of par value - common stock 28800000 Retained earnings 9650000 Treasury stock (30000 shares) 690000 Pharoah's total stockholders' equity was O $61773000. O $60933000. O $49573000. O $62613000.
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