Question: Determine the common stock for Bertinelli Corp. based on the following information: cash = $260,000; patents and copyrights = $740,000; accounts payable = $510,000; accounts
Determine the common stock for Bertinelli Corp. based on the following information:
cash = $260,000; patents and copyrights = $740,000; accounts payable = $510,000; accounts receivable = $129,000; tangible net fixed assets = $4,900,000; inventory = $345,000; notes payable = $190,000; accumulated retained earnings = $1,315,000; long-term debt = $1,830,000
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