Business, 11.12.2019 02:31 itsyogirl12

Romine industries has total stockholders’ equity of $4,982,000. given the following information, what is the company’s total additional paid-in capital? common stock, $3 par (400,000 shares authorized, 358,000 shares issued and outstanding).
preferred stock, 4%, $100 par (5,000 shares authorized, issued, and outstanding).
retained earnings (ending balance): $2,619,000

a) $789,000 b) $1,574,000 c) $1,074,000 d) $663,000

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Romine industries has total stockholders’ equity of $4,982,000. given the following information, wha...

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