Midyear on July 31st, the Chester Corporation's balance sheet reported: Total Liabilities of $77.152 million Cash of $6.030 million Total Assets of $125.703 million Retained Earnings of $27.859 million. What was the Chester Corporation's common stock? Select: 1Save Answer $26.722 million $20.692 million $76.410 million $82.440 million

Chester Corporation's common stock is $20.692 million.

Explanation:

Use the Accounting Equation : Assets = Equity + Liabilities to determine Chester Corporation's common stock.

Let the value of Common Stock be Cs

Then,

Assets = Equity + Liabilities

$125.703 million  = $27.859 million + $77.152 million + Cs

Cs = $125.703 million - ($27.859 million + $77.152 million)

    = $20.692 million

Therefore,

Common Stock is $20.692 million

a manufacturer of printed circuit boards uses exponential smoothing with trend to forecast monthly demand of its product. at the end of december, the company wishes to forecast sales for january. the estimate of trend through november has been 200 additional boards sold per month. average sales have been around 1000 units per month. the demand for december was 1100 units. the company uses α = 0.20 and β = 0.10. make a forecast including trend for the month of january.

options ?

explanation: