Question: Question 4 Here are some line items from a balance sheet (statement of financial position). What amount of Additional Paid-In Capital does the company have?
Question 4
Here are some line items from a balance sheet (statement of financial position). What amount of Additional Paid-In Capital does the company have?
| Total liabilities and stockholders' equity | $1,000 |
| Current liabilities | . |
| Common stock | $100 |
| Contributed capital | $400 |
| Noncurrent assets | $700 |
| Retained earnings | $100 |
| Total assets | . |
| Noncurrent liabilities | $300 |
| Additional paid-in capital | . |
| Current assets | . |
| Total liabilities | $350 |
| Total stockholders' equity | . |
| Total liabilities and stockholders' equity | $1,000 | |||
| Current liablities | . | |||
| Common stock | $100 | |||
| Contributed capital | $400 | |||
| Noncurrent assets | $700 | |||
| Retained earnings | $100 | |||
| Total assets | . | |||
| Noncurrent liabilities | $300 | |||
| Additional paid-in capital | . | |||
| Current assets | . | |||
| Total liabilities | $350 | |||
| Total stockholders' equity | . | |||
|
| $1,000 |
| ||
|
| $650 |
| ||
|
| $400 |
| ||
|
| $300 |
| ||
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