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Tuesday, January 11

FIN 621 assignment#2 Solution


FIN 621 assignment#2 idea solution
Stock Holder Equity

Capital stock

Preferred stock(100 x 50000)
5000000
Common stock(1 x 700000)
700000

5700000
Additional Capital

Common stock excess value
9800000
Total Paid Up
15500000
Add retained earnings
5450000
Total share holder equity
20950000

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