Question
The following table presents the long-term liabilities and stockholders equity of Lackley Corp. one year ago: Long-term debt $ 66,600,000 Preferred stock 4,160,000 Common stock
The following table presents the long-term liabilities and stockholders equity of Lackley Corp. one year ago: |
Long-term debt | $ | 66,600,000 | |
Preferred stock |
| 4,160,000 | |
Common stock ($1 par value) |
| 16,600,000 | |
Accumulated retained earnings |
| 136,600,000 | |
Capital surplus |
| 46,600,000 | |
|
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