Question: Below is the common equity section ( in millions ) of Teweles Technology's last two yearend balance sheets: 2 0 0 9 2 0 0
Below is the common equity section in millions of Teweles Technology's last two yearend balance sheets: Common stock $ $ Retained earnings Total common equity $ $ Teweles has never paid a dividend to its common stockholders. Which of the following statements is CORRECT? a The company's net income in was higher than in b Teweles issued common stock in c The market price of Teweles' stock doubled in d Teweles had positive net income in both and but the company's net income in was lower than it was in e The company has more equity than debt on its balance sheet
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