Question
Stockholders equity: 10% cumulative preferred stock, $100 par value, authorized100,000shares ....................................... $ 4,400,000 Common stock, $2 par value, authorized 2,000,000 shares . . . .
Stockholders equity:
10% cumulative preferred stock, $100 par value, authorized100,000shares ....................................... $ 4,400,000
Common stock, $2 par value, authorized 2,000,000 shares . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .3,400,000
Additionalpaid-incapital:
commonstock ..............................6,800,000
Donatedcapital ................................................. 400,000
Retainedearnings ...............................................3,160,000
Totalstockholdersequity ........................................$18,160,000 What is the amount of legal capital?
What is the total amount of paid-in capital?
What is the book value per share of common stock?
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