Business, 23.12.2021 01:00 SmolBeanPotato
Vaughn Corporation's December 31, 2020 balance sheet showed the following: 6% preferred stock, $10 par value, cumulative, 30000 shares authorized; 19000 shares issued $ 190000 Common stock, $10 par value, 3,000,000 shares authorized; 1,950,000 shares issued, 1,920,000 shares outstanding 20000000 Paid-in capital in excess of par value - preferred stock 57000 Paid-in capital in excess of par value - common stock 27700000 Retained earnings 9650000 Treasury stock (30,000 shares) 640000
Vaughn's total paid-in capital was:.
A. $47947000.
B. $48587000.
C. $47307000.
D. $28047000.
Answers: 3
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Vaughn Corporation's December 31, 2020 balance sheet showed the following: 6% preferred stock, $10 p...
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