Question
Tech-Star Company has 10,000 shares of $1 par value common stock issued and outstanding, which Tech-Star issued at $5 per share. Tech-Star also has retained
Tech-Star Company has 10,000 shares of $1 par value common stock issued and outstanding, which Tech-Star issued at $5 per share. Tech-Star also has retained earnings of $80,000. How much is Tech-Star's total stockholders' equity?
| a. | $50,000 | |
| b. | $80,000 | |
| c. | $90,000 | |
| d. | $130,000 | |
| e. | none of the above |
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Learning From Collaborative Audit
Authors: Higher Education Quality Council
1st Edition
1858242312, 978-1858242316
