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The stockholders' equity section of Marigold Corp.'s balance sheet at December 31 is presented here. MARIGOLD CORP. Balance Sheet (partial) Stockholders' equity Paid-in capital Preferred
The stockholders' equity section of Marigold Corp.'s balance sheet at December 31 is presented here. MARIGOLD CORP. Balance Sheet (partial) Stockholders' equity Paid-in capital Preferred stock, cumulative, 9,700 shares authorized, 5,800 shares issued and outstanding Common stock, no par, 764,000 shares authorized, 594,000 shares issued Total paid-in capital Retained earnings Total paid-in capital and retained earnings Less: Treasury stock (7,100 common shares) Total stockholders' equity From a review of the stockholders' equity section, answer the following questions. (a) How many shares of common stock are outstanding? $ 585,800 1,782,000 2,367,800 1,161,000 3,528,800 38,000 $3,490,800
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