The following table presents the long - term liabilities and stockholders equity of Information Control Corporation from
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Question:
The following table presents the longterm liabilities and stockholders equity of Information Control Corporation from one year ago:
Longterm debt $
Preferred stock
Common stock $ par value
Accumulated retained earnings
Capital surplus
During the past year, the company issued million shares of new stock at a total price of $ million, and issued $ million in new longterm debt. The company generated $ million in net income and paid $ million in dividends. Construct the current balance sheet reflecting the changes that occurred at the company during the year.
Posted Date: