Question Details

Additional paid-in capital includes all of the following except 



1. Additional paid-in capital includes all of the following except the amounts paid in
a. over par value.
b. over stated value.
c. from treasury stock.
d. for the par value of common stock.
2. In the stockholders' equity section of the balance sheet, the classification of capital stock
consists of
a. additional paid-in capital and common stock.
b. common stock and treasury stock.
c. common stock, preferred stock, and treasury stock.
d. common stock and preferred stock.
3. At December 31, the stockholders’ equity section shows:
Common stock, $5 par value; 1,320,000 shares issued
and 1,200,000 shares outstanding .................................................. $6,600,000
Additional paid-in capital ....................................................................... 1,400,000
Retained earnings ................................................................................. 500,000
Treasury stock, (120,000 shares).......................................................... (700,000)
Total stockholders’ equity...................................................................... $7,800,000
The book value per share of common stock is
a. $5.91.
b. $6.50.
c. $7.08.
d. $6.44.



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