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You are given the following information: Capital Stock, USD80,000 (USD 80 par); Paid-In Capital in Excess of Par ValueâCommon,USD 200,000; and Retained Earnings, USD 400,000. Assuming only oneclass of stock, the book value per share is:
You are given the following information: Capital Stock, USD80,000 (USD 80 par); Paid-In Capital in Excess of Par ValueâCommon,USD 200,000; and Retained Earnings, USD 400,000. Assuming only oneclass of stock, the book value per share is:
edinbaba575Lv2
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Beverley SmithLv2
26 Nov 2019
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The following stockholdersâ equity accounts, arranged alphabetically, are in the ledger of Roder Corporation at December 31, 2014.
| Common Stock ($2 stated value) | $2,304,000 | |
| Paid-in Capital in Excess of Par ValueâPreferred Stock | 64,800 | |
| Paid-in Capital in Excess of Stated ValueâCommon Stock | 1,512,000 | |
| Preferred Stock (8%, $100 par, noncumulative) | 864,000 | |
| Retained Earnings | 1,920,960 | |
| Treasury Stock (17,280 common shares) | 103,680 |
Prepare the stockholdersâ equity section of the balance sheet at December 31, 2014.
