Question: Chapter 13 - Canvas Assignment - Stockholders' Equity #1 - The financial statements for Highland Publications Corporation included the following selected information: The common stock

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Chapter 13 - Canvas Assignment - Stockholders' Equity \#1 - The financial statements for Highland Publications Corporation included the following selected information: The common stock was sold at a price of $20 per share Answer the questions below. You must show your work to earn full points. - What is the amount of capital in excess of par? (Hint: Cash received = Common Stock + PIC) - What was the amount of retained earnings at the beginning of the year? - How many shares are in treasury stock? - Compute earnings per share

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