Question
The financial statements for Highland Corporation included the following selected information: $ 495,000 $ 700,000 $1,020,000 99,000 73,000 $ 750,000 Common stock Retained earnings
The financial statements for Highland Corporation included the following selected information: $ 495,000 $ 700,000 $1,020,000 99,000 73,000 $ 750,000 Common stock Retained earnings Net income Shares issued Shares outstanding Dlvidends deciared and paid The common stock was sold at a price of $23 per share. Required: 1. What is the amount of additional paid-in capital? Addtional paid in capital 2 What was the amount of retained earnings at the beginning of the year? Retained earnings 3. How many shares are in treasury stock? Shares in treasury stock
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Entrepreneurial Finance
Authors: J . chris leach, Ronald w. melicher
4th edition
538478152, 978-0538478151
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