Question 7 Treasury stock is best classified as a Not yet answered Points out ol Select one: a. Contra asset P Flag question b. Current asset c. Contra liability d. Current liability e. Reduction of stockholders' equity Growth Company had total assets of $100,000 and total liabilities of $60,000. What is the balance of the stockholders' equity? on 8 Ndyat andered Select one: a $100,000 Tag question b. none of the answers are correct c. 540.000 d. so e $60,000 0 son 9 ot yet wered Rosewell Company has had 5.000 shares of 99 100 par value preferred stock and 10,000 shares of $10 par-value common stock outstanding for the last two years. During the most recent year, dividends paid totaled $65,000 in the prior year, dividends paid totaled $40.000 Compute the amount of dividends that must have been paid to preferred stockholders and common stockholders in year 2 assuming that the preferred stock is fully participating and cumulative Please enter your answer as follows: Preferred 9.999: Common $99.999 ints out of 00 Flag estion