At the end of the accounting period, Houston Company had $5200 of common stock, paid-in capital in excess of par value-common of $6100, retained earnings of $6000, and $2500 of treasury stock. What is the total amount of stockholders' equity?

A. $14,600
B. $14,800
C. $19,800
D. $8800


Answer: B

Business

You might also like to view...

The manager of Center B produces a product that is not sold to an external party. What type of responsibility center is Center B?

a. Cost center b. Discretionary cost center c. Profit center d. Revenue center

Business

Rozell & Ramos Associates wants to ask companies to submit bids to design the lighting in their new building. The Associates will develop which of the following documents to solicit bids

a. external proposal b. request for proposal c. unsolicited proposal d. internal proposal

Business

The supply chain begins with______________ and ends with_________________.

A. employees; products B. marketing; sales C. production; inventory D. strategy; implementation E. raw materials; customers

Business

Which of the following geographic objects of a geographic information system (GIS) is most likely used to show a particular zip code or a large tourist attraction?

a. Points c. Areas b. Lines d. Intersections

Business