Question: Below is the common equity section ( in millions ) of Fethe Industries' last two year - end balance sheets: 2 0 1 5 2
Below is the common equity section in millions of Fethe Industries' last two yearend balance sheets:
Common stock
$
$
Retained earnings
Total common equity
$
$
The company has never paid a dividend to its common stockholders. Which of the following statements is CORRECT?
The company's net income in was higher than in
The market price of the company's stock doubled in
The company had positive net income in both and but the company's net income in was lower than it was in
The company issued common stock in
The company has more equity than debt on its balance sheet.
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