A companys stockholders equity account balances appear


A company's stockholders' equity account balances appear below. Fifty thousand shares of common stock are authorized, and 2,500 shares have been reacquired.

Common Stock, $70 par                $2,240,000

Paid-In Capital in Excess of Par   96,000

Paid in Capital from Sale of Treasury Stock            6,070

Retained Earnings            168,000

Treasury Stock 4,570

How much is total stockholders' equity?

Request for Solution File

Ask an Expert for Answer!!
Financial Accounting: A companys stockholders equity account balances appear
Reference No:- TGS01104611

Expected delivery within 24 Hours