At fiscal year end, December 31, 2017, ALpha Corporation had total stockholders equity of $11000000. There is only one class of common stock and no preferred stock.
At fiscal year end, December 31, 2017, ALpha Corporation had total stockholders equity of $11000000. There is only
one class of common stock and no preferred stock. On January 1, 2017 the Common Stock account was value at $500000 on July 1, 2017, Alpha issues 10,000 additional shares of its $5 par common stock for $15 per share. Use this information to determine the book value as of end of the FY 2017. ( Round your answer to the nearest penny.)
Looking for a Similar Assignment? Order now and Get 10% Discount! Use Coupon Code "Newclient"
